IMPACTS OF RISING COST OF LIVING ON LONDON - Data Companion Pack - BUILDING THE EVIDENCE DATA WORKING GROUP
19 January 2023
• This contributes to a social gradient in the effects of the rising cost of living, and this is likely to mirror the social gradient in health: the finding that people who are more socioeconomically advantaged have better health than people who are less advantaged, and this relationship is continuous from the lowest to the highest income groups. [...] PART 2: Who is at greatest risk due to rising cost of living?: changes in the spending power of local authorities in London and baseline inequalities in wealth and income and which groups are most affected by these PART 3: Indicators of rising financial insecurity in London: Many essential living costs in London are higher than in other parts of the UK PART 4: Access to support with rising living. [...] PART 1: LONDON - THE RISING COSTS OF LIVING IN CONTEXT PART 1: LONDON - THE RISING COSTS OF LIVING IN CONTEXT Inflation in the cost of many essential goods and services, including rented housing, food and home energy, is outstripping that of more discretionary items, and some of these are rising faster than other parts of the UK. [...] • Incomes at the lowest decile are 30% below the rest of the UK.1 • London has the highest rate of poverty of any region in the UK, with more than a quarter (27%) of London residents in poverty after housing costs.2 • The unemployment rate in London is above the UK average but varies widely within the capital and despite improvements persistent inequalities in labour market outcomes remain:3 • The. [...] There is variation across London boroughs with the range of healthy life expectancy spanning from: • 58.1 years in Barking and Dagenham, to 70.2 years in Richmond upon Thames, for males • And 57.8 years in Tower Hamlets to 70.1 years in Wandsworth, for females.1 • Premature mortality was three times higher in the most vs least deprived decile of London in 2019-213 and the largest increase in prema.