London’s Poverty Profile

Inequality

The gap between the richest and poorest in London

Key findings

15%

of Londoners are in households in the bottom 10% of the UK income distribution, and 14% of Londoners are in households in the top 10%.

0.1%

of London's wealth is owned by the poorest 20% of its households.

50%

of London's wealth is owned by the richest 10% of its households.

Overview

Inequality explains the incongruence between two pictures of London: one of the booming centre of global finance and home to many of the world’s rich, and the other of a city with high levels of poverty and deprivation.


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