London’s Poverty Profile

Inequality

The gap between the richest and poorest in London

Key findings

50%

of London's wealth is owned by the richest 10% of its households. The bottom 50% own just over 5%.

8x

greater is the income of someone just in the top 10% in London in comparison to someone just in the bottom 10%.

295x

greater is the wealth for someone just in the top 10% in London in comparison to someone just in the bottom 10%.

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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