Parents' wealth influences earnings

Press Association
horizontal image of an excited  young graduate being congratulated by his parents. focus is on the graduate; the parents (in the
horizontal image of an excited young graduate being congratulated by his parents. focus is on the graduate; the parents (in the

%VIRTUAL-SkimlinksPromo%The wealth of your parents has more influence on earnings in Britain than in any other advanced country, according to a study.

Analysis by the Trades Union Congress (TUC) found only Italy had a similar level of "earnings persistence" through generations.