Chances of homeownership and higher incomes undermined by pandemic and cost of living crisis

The postwar dream of doing better in life than your parents has faded, with the UK now a country where opportunities for upward social mobility and economic advancement are increasingly limited, research has claimed.

It contrasts with the golden age of social mobility enjoyed by the UK in the early years of the Queen’s reign when an expanding economy allowed a generation to take professional jobs and own their own homes.

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