The report titled: ‘Elites in the UK: Pulling Away?’ and published by the Sutton Trust – a social mobility charity – highlights the emergence of an ultra-rich in the capital in recent decades, with their wealth commonly derived from the finance and banking sector.

Trust founder and chairman, Sir Peter Lampl, expanding on the reports findings, said that the idea that people from outside the capital relocate to London to “move up in the world” had become “a myth.”

Lampl explained that the UK’s capital had become “off-limits” to poorer people who live outside the city.

The study’s findings have been met predominantly with an air of ‘should I be surprised?’ on Twitter with comments such as “No s**t” and“You don’t say” being posted. Others responded by jokingly referencing a widespread myth about dangerous areas in London, with one person tweeting: “So there are no-go zones in the UK after all.”

David Lammy, the Labour MP for the north London constituency of Tottenham, argued that it’s not just people from outside of the capital that “cannot afford rent or access the education they need to succeed” in London.

Meanwhile someone claiming to have been brought up on a social housing estate and is now in a senior role for a FTSE 100 firm, branded the report “outrageous,” for “saying people in London are only those who are born rich or elite.”

The study warns of a lack of self-awareness among the super-rich who do not consider themselves to be “especially fortunate,” because they are “surrounded by numerous other people like themselves.”