London’s Poverty Profile
Official data from over 100 indicators, revealing patterns in poverty and inequality.
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The latest data for London's Poverty Profile shows a mixed picture in London. In some ways, London is better off than it was before the financial crisis. Employment rates are at their peak, at least as far back as 1992, at over 73% of the working-age population. This is 4.5 percentage points higher than a decade earlier. This also translates to a record low in the number of workless households in London.
However, while the overall poverty rate has fallen slightly in recent years, it remains higher than the rest of the country; and the proportion living in 'deep poverty' has increased.
of Londoners are living in poverty (after housing costs) - down from 29% six years ago. In the rest of England it is 21%.
of London's wealth is owned by the top 10%. The bottom 50% own only 5% of London's wealth.
From our Twitter
Low end rent costs £1,500 per month in Inner London, £1,180 in Outer London and £500 in the rest of England. This looks only at rent in the bottom quarter of the market, and applies to a two bedroom flat #ukhousing pic.twitter.com/BB7bOI2fej16 Jan 2018