ALMOST two-thirds of Boris Johnson’s Cabinet ministers are privately educated, making it even posher than David Cameron’s austerity hit squad in 2010.

A study by social mobility campaign group the Sutton Trust warns that we have to go back to John Major’s team in the 1990s to find a more elite group running Britain.

“The make-up of Johnson’s Cabinet underlines once again how unevenly spread the opportunities are to enter the elites,” the group said.

To improve social mobility at the top of society it was critical “to tackle social segregation in schools,” the Sutton Trust argued.

Labour pointed out that even state school-educated Cabinet ministers such as new Chancellor Sajid Javid are “out of touch.”

Mr Javid was a Deutsche Bank high-flyer, earning an estimated £3 million annual salary, before moving into politics.

Critics fear that he will now act on his previously stated ambitions to “slash corporate tax rates and burn regulations.”

In the past, Mr Javid has called for a business levy as low as 12.5 per cent, which would put Britain on par with tax havens such as Liechtenstein.

In 2015 he said that he rereads Ayn Rand’s novel Atlas Shrugged, a bible for capitalists, every year.

And when George Osborne was chancellor and unleashed austerity, Mr Javid served as a loyal aide at the Treasury.

Reacting to the new occupant of 11 Downing Street, shadow chancellor John McDonnell commented: “Javid has consistently called for more tax cuts for the banks and corporations.

“So from the outset, it’s clear that this is a government by the bankers and for the bankers.

“Boris Johnson boasted he was the bankers’ best friend and he has proved it by appointing a banker, whose former company was one of those responsible for the financial crash and became notorious for its involvement in tax avoidance.”

Labour Party chairman Ian Lavery MP was equally scathing, warning that the new Tory Cabinet “will only represent the privileged few.”

He also condemned the return to the Cabinet of disgraced former ministers Gavin Williamson and Priti Patel, who will run the Department for Education and the Home Office respectively despite losing their previous roles over security lapses.

Ms Patel’s brief stint as Theresa May’s international development secretary came to an abrupt end when it emerged that she wanted to spend aid money on treating wounded al-Qaida fighters in Syria.

But her sinister scheme has proved no barrier to her appointment as home secretary, even though she will now be responsible for ensuring that al-Qaida operatives and other terrorists cannot attack Britain.

Some critics fear that Ms Patel, a death penalty advocate, may use her new position to bring back hanging.

In Parliament today, Jeremy Corbyn said the Prime Minister had “hastily thrown together a hard-right Cabinet.”

The Labour leader demanded to know: “Can the Prime Minister assure the house that his government has no plans to bring back capital punishment?

“And before appointing the new education secretary, was the Prime Minister given sight of the Huawei leak investigation [which led to Mr Williamson being sacked as defence secretary] by the Cabinet Secretary?

Mr Corbyn pushed on, saying: “People do not trust this Prime Minister to make the right choices for the majority of people in this country when he’s also promising tax giveaways for the richest and big business, his own party’s funders.”