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

Poverty continues to be higher in #London at 28% than the UK average at 21%

The cost of living in London is 15-58% higher than the rest of the UK
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

56,000 of London’s households are now living in temporary accommodation

That's an increase of 30% compared to 5 years ago 3/6

In-work poverty in #London is also on the rise

Now, 74% of adults in poverty, or 1,050,000 people, are in working families

This is up from 62% a decade ago 4/6

#London also experiences huge inequalities in wealth & shared opps

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%
‍‍4/10 Londoners don't meet an acceptable standard of living 5/6

Compiled before #COVID19, findings from today's #LondonsPovertyProfile report act as a valuable baseline to measure its impact on poverty in the city

As we emerge from the crisis, let’s work to ensure a fairer London for all. Explore the data https://bit.ly/TfLLPP  6/6