Islington South and Finsbury
Households in poverty in Islington South and Finsbury pay on average £430 a year in poverty premiums. This is vital money that people on low incomes could be spending in their local economies and helping them keep their heads above water in the cost-of-living crisis.
The impact on Islington South and Finsbury
£5.27
Million
Total cost of the poverty premium across the constituency
£430
The average additional cost each affected household in poverty pays per year
97%
What proportion of households in poverty pay a poverty premium?
121st
out of 632
Where does my constituency rank for mean cost of poverty premium per affected household?
1 = highest average poverty premium
4
Average deprivation level across the constituency
Areas are scored from 1 to 10.
1 = most deprived
10 = the least deprived
12,655
How many households are living in poverty?
How much more are people in poverty paying based on the different types of premium in Islington South and Finsbury?
£142
Energy poverty premium
paid by 62.80% of households in poverty
£302
Food poverty premium
paid by 42.50% of households in poverty
£214
Insurance poverty premium
paid by 64.20% of households in poverty
£167
Credit poverty premium
paid by 34.30% of households in poverty
The National Picture
Below is a breakdown of the poverty premium at a national level.
£2.8
Billion
The total cost of the poverty premium to the british economy
95%
of households in poverty across britain pay a poverty premium
£380
The average additional cost each low-income household pays per year
Islington South and Finsbury Wards
Other London constituencies
Further information
For further information download our briefing or get in touch via fbd@barrowcadbury.org.uk to speak to our team about the findings.