Is London equally prosperous?
Despite being the richest region in the United Kingdom, London is socio-economically unequal. Londoners are unequal in terms of income, wealth, access to housing, employment, safety, clean air, green spaces, access to social and health services, availability of safety nets, power to influence the decisions that affect them and the influence that the pandemic had on their lives.
The report identifies several reasons why these inequalities arise: London’s fiscal dependence, lack of recognition of relative poverty by the central government, fragmentation, lack of co-operation between individual governance actors, different rules regarding the funding and help available in different councils, lack of popular support for tax increases and an inability to access help due to other barriers. Further, access to local services can be particularly difficult for those for whom English is not their first language or who do not know how the systems work.
As funding for public bodies is limited, businesses and charities in London take over public functions. This enables the effective realisation of some public functions, but the consequences for underprivileged inhabitants remain uncertain. Access to funding for such additional functions is often based on pre-established parameters. This effectively limits the groups of actors that are able to apply for the funding.