"For the first time in generations, there is now a real fear that the British promise will be broken and the next generation will find it harder to get on than the last," he said.
"Fewer than one in 10 people believe that life will be easier for their children than it was for them, and seven out of 10 think it will be harder. I don’t believe it has to be this way."
Miliband listed the government’s decision to scrap education maintenance allowance, raise student fees, scrap the child trust fund and the end of the future jobs fund, as examples of government "kicking away the ladders" for young people.
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