Every day between 20 Feb and 5 March, when they will announce their alternative Budget, Kensington Labour Group will announce an area of extreme inequality in Kensington and Chelsea ‘the most unequal borough in Britain’.
The borough known as ‘The Royal Bank of Kensington and Chelsea’ has £180m in Reserves – and some of the poorest residents in London.
1. CHILD POVERTY
The London average for child poverty is 28%. Kensington and Chelsea, the richest borough in Europe, nonetheless comes in with 27%. This is an average, including:
Queen’s Gate – just 2.8%
Henry Dickens Court, Norland – a disgraceful 57.6% (worse than the Gorbals in Glasgow, at 49.7%)
The Child Poverty Action Group states that the 4,467 children living in poverty in the borough cost the economy £49m/year, that’s £10,000/child/year.
Child poverty, ‘Made in Chelsea’
In one part of Chelsea, if you cross the road the incidence of child poverty increases ten times. Where is it? You’ll be very surprised!