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2014-01-14

Evening Standard: "Rich Londoners live up to 25 years longer than people from poorer parts of the capital"


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"London needs to tackle a 'shocking' life expectancy gap between its most affluent and deprived communities, a leading expert urged today.

"Professor Sir Michael Marmot, director of the Institute of Health Equity at University College London, urged the Mayor of London, ministers, health chiefs and voluntary organisations to do more to address the huge disparity which official figures put at up to 25 years.

"Four years after publishing an authoritative report on life expectancy and its links to poor diet, housing, education and employment, he said: 'Much more needs to be done'."



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"Homes 'earn' Londoners more than their jobs"

"London’s homeowners 'earned' almost £50,000 from the value of their property last year, as prices surged by 11.6 per cent.

"The average home was valued at £441,000 in November, up from £393,000 a year previously, according to the latest official figures.

"With the average London salary standing at £37,000, it means many homeowners are making more from their homes than their jobs. Prices in the capital are 18.1 per cent higher than the pre-recession peak in January 2008.

"But the rise — driven by a chronic shortage of new homes, growing confidence in the recovery and insatiable global demand for London property — will renew fears that the capital is in the grip of a dangerous housing bubble."

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