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TOPIC: More than a quarter of Londoners live in poverty

More than a quarter of Londoners live in poverty 09 Nov 2017 14:07 #4835

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By Alice Summers
9 November 2017


Over a quarter (27 percent) of London residents live in poverty, according to a study by poverty charity Trust for London. The research also showed that a shocking 37 percent of London children are living in poverty.
Although the proportion of Londoners living in poverty—defined as earning less than 60 percent of the median income—has slightly decreased from the 29 percent reported six years ago, due to population increase the total number of Londoners living in poverty has remained fixed at a staggering 2.3 million people.
While figures vary across London, none of the capital’s 32 boroughs has a poverty rate below 15 percent, nor fewer than around 30,000 residents experiencing poverty. “Poverty, inequality and social exclusion are a London-wide problem,” the report states, which requires a “serious and concerted response from every borough.”
Despite employment rates in London being ostensibly at their peak since 1992, more than half (58 percent) of Londoners in poverty live in a working family, a total of 1.3 million inhabitants. This is a 50 percent increase in a decade, and marks a shift in the nature of poverty away from workless families in social housing towards in-work poverty.

More Here;
www.wsws.org/en/articles/2017/11/09/lond-n09.html
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