- Study of 550,000 families shows 15% of London’s low-income households can’t pay the bills week to week
- The biggest growth in cash-strapped families since 2016 was in Sutton (79%), Southwark (43%) and Camden (40%)
- The number of London families who can’t pay the bills is expected to triple to 238,000 by 2021 if nothing changes
A new Living Standards Index for London tracks the financial security of 550,000 low-income families to reveal the pockets of poverty in our nation’s capital. Policy in Practice, the socially-minded software company behind the nation’s leading benefits calculator, has built the tool using data drawn from 18 London councils. The latest findings, released today, show that 1 in 7 (15%) of the London low-income families studied can’t pay the bills. The tool makes it possible for anyone to analyse one of the largest data samples about low-income Londoners which will be regularly updated with new information.