In a pre-election report from the Child Poverty and Social Mobility Commission, former Labour MP Alan Milburn warns that the ‘credit crunch generation’ - those born after 2008 - could be the first in nearly 50 years to see their prospects go backwards.
While there is cross-party consensus on the need to tackle the issue and child poverty levels have fallen, change has still been limited and too slow, the report said.
The report calls on all political parties to set out their plans on dealing with mobility and child poverty, or risk Britain becoming a permanently divided nation.
It also maps the geographical variations in social mobility across the country, based on a social mobility index.
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