UK middle-class kids to be worse off

A watchdog is to warn that Britain™s middle-class kids will be worse off in adulthood than their parents.

Britain™s middle-class children are on track to be materially less well off in adulthood than their parents, a government commission warns.

The social mobility and child poverty commission, which was set up by British Prime Minister David Cameron, is to announce that children growing up in families with above-average income will struggle to achieve the same living standards as their parents.

“This will be controversial, but for the first time in over a century there is a real risk that the next generation of adults ends up worse off than today’s generation,” a Whitehall source said.

The commission is also expected to warn of the œperfect storm” of graduate debt and job insecurity that threaten middle-class students.

Moreover, the watchdog™s findings, which are planned to be presented to the British Parliament on Thursday, will criticize that Tory-led government™s initiatives for focusing too strongly on the poorest 10 percent of the society.

Earlier in August, a study showed that around 3.6 million children are currently growing up in relative poverty in Britain, compared to 2 million recorded in 1969.

According to the report released by the National Children’s Bureau, child poverty is now a bigger problem than during the 1960s and Britain is at risk of becoming a place where rich and poor children live in separate, parallel worlds.

SSM/PR/HE

Copyright: Press TV

RINF Alternative News & Alternative Media Breaking Real News

UK middle-class kids to be worse off