Brits are 'worse off than their parents'

Seven out of ten people think that they are worse off or bringing in the same household income as their parents did - despite all of their educational qualifications and the rise of both partners pursuing careers.

The Sutton Trust also found that only one in ten people felt that they had used the 'loadsamoney' or academic-educational route to jump from the bottom of the social ladder to get to the top.

When asked, however, 54 per cent of people said that they thought that all sectors of the UK have equal opportunities to 'get ahead'.

Dr Lee Elliot Major, director of research at the Sutton Trust, said: "Opportunities in this country remain heavily determined by parental background.

"The public appear to recognise some of the inequalities in our society, but on the face of it half do not think that Britain is particularly socially immobile."

June 27^th 2008

• Cosy up to the government
• A pension worth less than minimum wage?
• Mortgage worries and house price falls - enough to turn you to drink
• You're (hoping to be) fired
• Scared of the switch
• Debt can exacerbate depression
• Keeping hold of the receipts
• Know-it-all teens may not be as "clued-in" as they think
• Pay for 25 years - and it is still not your house
• Still a home owner - with a little help
• The style to which I am already accustomed
• I'm going to work - I may be sometime
• Please Sir, can I have some more?
• How inflation is deflating savings
• More women contributing to pensions
• Spouses will talk about, not listen to, financial advice