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Latest findings from Policy in Practice's data led investigation into the causes and consequences of poverty in London were presented on 20 September 2018.
We recently shared the latest findings from our pan-london analysis of living standards, tracking 600,000 low income families across 19 London boroughs over two years. The work is unique in its use of large scale administrative data, linked over time, and its ability to look forward at poverty projections for individual households. The approach is being used by a dozen local authorities across the UK to target support.
Highlights from Phase Three include:
Low income Londoners are becoming less financially resilient. The proportion of Londoners with low financial resilience has grown by 20% in the last two years, and will continue to grow through to 2020
Employment helps build financial resilience. Employment is the main driver of people improving their financial resilience; for people affected, welfare reforms are a driver of lower resilience, but they don’t tell the full story
Living standards fluctuate. Over two years a quarter of low income households in work lost their job at least once; improving job stability can help build resilience
The future isn’t bright. Londoners on low incomes face a bleak future with an average drop in their disposable income of £100 p/w if rents and other livings costs continue to rise as expected.
For more information visit www.policyinpractice.co.uk/low-income-Londoners, email email@example.com or call 0330 088 9242.