Jamie Doward cites Sutton Trust research on internships in an Observer article

London’s economy may be famously buoyant, but the Square Mile that has fuelled its prosperity is signally failing to create jobs for the capital’s young people.

A report to be published this week warns of problems ahead if the City does not act soon to help create opportunities for London’s young unemployed.

The study, from the City of London Corporation, the municipal governing body, states that nearly one in five young Londoners is now unemployed. Even though the capital generates almost a quarter of the UK’s wealth, it has England’s third highest rate of unemployment among 16- to 24-year-olds.

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Figures provided by the Sutton Trust show that it costs £926 a month for someone to undertake an unpaid internship – putting the positions out of reach of many families.

Read his full article here

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