Even before #COVID19, #London had the highest poverty rates in the UK, according to figures in #LondonsPovertyProfile
Our new report released today w/ @wpi_economics tracks indicators of #poverty & #inequality in our city over the past 10 years- here are some key findings...1/6
Our new report released today w/ @wpi_economics tracks indicators of #poverty & #inequality in our city over the past 10 years- here are some key findings...1/6
Poverty continues to be higher in #London at 28% than the UK average at 21%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">The cost of living in London is 15-58% higher than the rest of the UK
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👩👧👦" title="Family (woman, girl, boy)" aria-label="Emoji: Family (woman, girl, boy)">However the picture is mixed. 6/10 children in #TowerHamlets are living in poverty, compared to 2/10 in #Sutton 2/6
#Housing is a major driver of poverty in #London & the housing crisis is getting worse
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏘" title="House buildings" aria-label="Emoji: House buildings">56,000 of London’s households are now living in temporary accommodation
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆" title="Upwards arrow" aria-label="Emoji: Upwards arrow">That& #39;s an increase of 30% compared to 5 years ago 3/6
In-work poverty in #London is also on the rise
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💼" title="Briefcase" aria-label="Emoji: Briefcase">Now, 74% of adults in poverty, or 1,050,000 people, are in working families
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆" title="Upwards arrow" aria-label="Emoji: Upwards arrow">This is up from 62% a decade ago 4/6
#London also experiences huge inequalities in wealth & shared opps
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👥" title="Busts in silhouette" aria-label="Emoji: Busts in silhouette">Those in the bottom half of London’s wealth distribution hold just 6.8% of the capital’s total wealth, whereas those in the top 10% hold 42.5%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙇" title="Person bowing deeply" aria-label="Emoji: Person bowing deeply">4/10 Londoners don& #39;t meet an acceptable standard of living 5/6
As we emerge from the crisis, let’s work to ensure a fairer London for all. Explore the data https://bit.ly/TfLLPP ">https://bit.ly/TfLLPP&qu... 6/6