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Mark Boleat, Policy and Resources Chairman, City of London Corporation.
The financial and professional services industry today is vital to the functioning of our economy, it employs 2.2 million people across the country, more than two thirds of these jobs outside of London.
With youth unemployment falling to 733,000, it is time for devolving skills to improve the prospects for young people and safeguard against any future rise in the figures.
After recent reports that Britain is "deeply elitist", the City of London insists that social mobility is being championed where you would least expect.
