Poverty and inequality in London worsened during the course of the 2000s, particularly during the global recession from 2008 onwards, according to a new report from the London School of Economics.
The study forms part of the 'Social Policy in a Cold Climate' research project charting developments in a wide range of social issues since 2007.
London's economic success does not seem to have translated into lower poverty or reduced inequality for most of its inhabitants, it is concluded. The recession, despite its origins in the financial sector, seems to have worsened economic outcomes for Londoners who were already worst off, whereas better-off groups have been less affected. The return to growth in London raises questions, the authors say, about how this situation can be ameliorated.
Source: Ruth Lupton, Polly Vizard, Amanda Fitzgerald, Alex Fenton, Ludovica Gambaro and Jack Cunliffe, Prosperity, Poverty and Inequality in London 2000/01–2010/11, Social Policy in a Cold Climate Research Report 3, Centre for Analysis of Social Exclusion (London School of Economics)
Link: Report