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London risks losing its edge as a city of opportunity and becoming an “exclusive enclave of elites”, a social mobility expert has warned.

London’s mix of high performing schools, aspirational communities, and world leading industries have long been ideal conditions for social mobility, but this is under threat, warned Lee Elliot Major, Professor of Social Mobility at the University of Exeter.

This is partly due to escalating rents, socially segregated schools and the rise of elite unpaid internships, he said.

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