By Allison Smith
A recent report published by Loughborough University’s Centre for Research in Social Policy reveals that it is much harder to make ends meet in London than anywhere else in the country.
London is home to around 12 percent of Britain’s population.
The report found that just over one third do not have enough money for a decent standard of living in the UK’s capital city, compared with 27 percent elsewhere. This rises to a staggering 43 percent of families with children, because housing, transport and childcare costs are so much higher than in the rest of the country.
Only the rich and very well-paid can afford to live in London. It is leading to “social cleansing”, with London becoming the playground of tourists and the financial elite while young people and workers on low incomes are forced to share homes, move out to the fringes or out of the capital altogether. Those that remain have to eke out an existence, making the class disparities between rich and poor more visible than ever before.
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