Observer After the boomers, meet the children dubbed 'baby losers' Analysts also point out that the 'hardship' of the middle classes is relative - according to the European Commission, there are an estimated 16 million people in the EU at risk of poverty. 'The decline in standards of living for young middle class people is pretty moderate when compared with the very dramatic situation of their counterparts in totally marginalised communities such as the poor French suburbs,' said Professor Ian Begg of the London School of Economics.
'And it is an extremely varied picture. New service sector jobs can be low grade and badly paid - such as night shifts for an IT company - or very lucrative. Collectively, Europe is richer than it has ever been. Average income has been going up pretty well without a blip since 1945 and whatever the disparities some of that has filtered down to pretty much everybody.' http://www.guardian.co.uk/world/2008/may/11/spain.france
Telegraph Class warriors who betrayed the underclass A report last year by Professor Steve Machin, of the London School of Economics, showed that the expansion of higher education in the 1980s and 1990s entrenched social immobility because the poor's schools were not good enough to exploit new opportunities.
Children from poor homes were found to be just as likely to under-perform now as 30 years ago, while the link between adults' education and that of their children is far stronger in Britain than in many other developed nations. The report said of social mobility: The trend of worsening has stopped, but the UK remains very low in the developed world rankings. http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2008/05/11/do1101.xml
Mail on Sunday Stop this greedy pensions grab Six years ago, Ros Altmann, a governor at the London School of Economics, was asked by the Government to look at how the pension annuities market could be improved to ensure more people ended up with appropriate annuities. Her proposals were left to gather dust by the Treasury, presumably because of intense lobbying from the insurance industry, which did not want the annuities status quo disturbed and their profits threatened. Today, Ros remains passionate about the need for reform. (Source: Lexis)
Financial Express Afghanistan grows more volatile Antonio Giustozzi, a researcher at the London School of Economics, reports that Hizb-i-Islami is growing in the north, and local officials say the Taliban is gaining strength in some districts in the far west of the country. http://www.thefinancialexpress-bd.com/search_index.php?page=detail_news &news_id=33066
ITWeb, South Africa Quah wants more evidence Speaking at the launch of a United Nations Foundation report into the impact of mobile technology on the work of non-governmental organisations (NGOs) in the developing world, Danny Quah, professor of economics at the London School of Economics, welcomed the research but said more evidence of benefits is needed. http://www.itweb.co.za/sections/computing/2008/0805090903.asp?S=Mobile%20 and%20Wireless%20Technology&A=MAW&O=FPWW