socmob 3

Unpaid internships and living costs ‘prevent’ social mobility

Unpaid internships, combined with rising living costs, are shutting less-advantaged youngsters out of many careers, a social mobility study says. The Sutton Trust estimates that 40% of 70,000 internships undertaken annually are unpaid – but young workers need a minimum of £1,019 per month to live in London and £827 in Manchester. It has backed Read More

socmob pic 2

Oxbridge ‘failing to address diversity’, David Lammy says

Oxford and Cambridge have been accused of failing to engage in serious debate over their lack of diversity by the former education minister David Lammy, with data obtained by freedom of information requests that showed that as many as 16 Oxbridge colleges failed to offer any places to black British applicants in 2015, the most recent Read More

Screen Shot 2017-03-31 at 09.21.16

Untalented rich still earn more, says Greening

The BBC reports. Low-ability youngsters from wealthy families go on to earn more money than their more gifted, poorer counterparts, Education Secretary Justine Greening has said to a Social Mobility Commission event. Children from high-income backgrounds who show low academic ability at age five are 35% more likely to become high earners than poorer peers Read More

Screen Shot 2017-01-26 at 17.35.07

Social mobility: Class pay gap found in UK professions

BBC’s Katherine Sellgren reports on recent findings from the Social Mobility Commission. Research carried out by academics from the London School of Economics and University College London found that UK professionals from working-class backgrounds are paid £6,800 less on average each year than those from more affluent families. The 17% average pay gap highlighted how Read More


Universities told to help poor find jobs

Greg Hurst of the Times reports. Social mobility champion and commission chairman, Alan Milburn, informed the Bridge Group that advances in broadening university intakes had been too incremental. Milburn suggested that current projections estimate it would take 50 years to close the gap in participation rates between rich and poor students. He further advocated for Read More workplace images

Investment banks must do more to remove social mobility ‘roadblocks’, says watchdog

CIPD’s Greg Pitcher comments on the Social Mobility Commission’s findings. A report from the Social Mobility Commission reveals that recruiters from investment banks often overlook aptitude in favour of ‘fit’ and ‘polish’. This is reflected in the underrepresentation of people with a disadvantaged socio-economic background in front-office investment banking jobs. The commission suggests this may Read More


Top graduates missing out on banking jobs for lacking ‘polish’

The Guardian’s Amelia Hill reports on the Social Mobility Commission’s research entitled “Socio-Economic Diversity in Life Sciences and Investment Banking”. Graduates hoping to secure a job in investment banking should avoid brown shoes, flamboyant ties and ill-fitting suits the Social Mobility Commission’s most recent report suggests. The social exclusion found in the sector is caused Read More


Less affluent kids are locked out of investment banking jobs

A new report by the Social Mobility Commission highlights a culture of conformity in investment banking. Because investment banks focus their recruitment efforts on a small pool of elite universities, they are failing to hire talented undergraduates from less advantaged backgrounds. This is also due to the tendency to hire those that fit in with Read More


UK study shines light on value of university degree

The Financial Times’s Public Policy Reporter, Gonzalo Viña, discusses the new IFS study. This first ‘big data’ approach to graduate earnings highlights significant variations in earnings depending on student background, degree subject and university attended. According to the IFS’s research, graduates from richer family backgrounds earn significantly more after graduation compared to their poorer counterparts Read More