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Showing posts with the label “financial sector”

Britain: It Doesn’t Pay to Be a Working Class Professional

“For context, the number of permanent secretaries who never went to university around this time was zero, says a 2019 report by the Sutton Trust social mobility charity. Most went to one of just two universities, Oxford or Cambridge, as did most senior judges, cabinet ministers and diplomats.  For context again, the share of the general population going to Oxbridge was less than 1 per cent and just 7 per cent went to the private schools that educated most permanent secretaries, top judges and Lords.  For context again, the share of the general population going to Oxbridge was less than 1 per cent and just 7 per cent went to the private schools that educated most permanent secretaries, top judges and Lords.  Education is not the only measure of class. Parents’ occupations matter too. But Gray remains an outlier in a country where a small elite still has a big say in how things are run.  Class can have a bigger effect on your chance of being promoted than gender, ethn...

Brexit

Yves Hayat. — «   Brexit   », de la série «   Parfum de révolte   », 2016. Courtesy Galerie Mark Hachem, Paris The COVID pandemic slump and the underlying weakness of British capital are much more damaging to the UK's economic future than Brexit. Brexit is just an extra burden for British capital to face; as it also will be for British households. The Brexit deal