Social mobility in the UK
It is certainly true that many young people go on to achieve great things in this country, thanks to their hard work and the help of their families, teachers, and wider networks of support. But these instances are all too uncommon and we face long-standing, structural issues across the UK.
In fact, according to Goldman Sachs, the UK has some of the lowest rates of social mobility when compared to other countries.
Social mobility and levelling-up
All too often social mobility also relies too much on being able to move to areas where life chances are higher. The economic domination of London and other large cities has meant that the greatest career rewards, in economic terms, are received by those who are willing and able to move to large, ‘escalator’ cities.
This has led to a growing recognition of the importance of place in an individual’s outcomes and the need to level up local communities, avoiding ‘brain drain’, and an exodus of young people from market towns, coastal, and rural areas.
Why boosting social mobility is good for business and society
Businesses can be powerful drivers of social mobility by providing opportunities for young people. But they can also benefit from investing in young talent and boosting social mobility.
Supporting young talent and creating social mobility opportunities can help businesses of all sizes and sectors to:
- Develop a future talent pipeline
- Create a culture which supports diversity and inclusion
- Add fresh perspectives and insights to their operations
- Reflect their customer base and wider society
- Achieve environmental, social, and corporate governance (ESG) outcomes
And our research and evidence shows that investing in young talent has a positive impact on the wider economic landscape.











































