In the UK, socioeconomic inequality has worsened dramatically in the last decade
31% of children in the UK are growing up in poverty, 500,000 more than in 2015.
In London and the North East of England, this figure is 38%, a rise from 24% in 2015. Soaring rent costs coupled with stagnating wages has pushed many families to the brink.
Enabling young people to engage with opportunities that can increase their generational wealth is key to ending the cycle of poverty and entrapment.
Unskilled work is no longer a route out of poverty. The poverty rate amongst working households has hit a record high, with 75% of children in poverty living in a household where one person works.