An Economy For Everyone, Needs Opportunities For ‘Everyone’

The most fundamental of these obstacles is the Poverty Premium – the poorer you are, the more likely you are to pay higher costs for goods and services. Last year, Citizens Advice Scotland found that people living in poverty were paying roughly 10% more for essential goods and services, while according to a report from 2014 by the east London charity Toynbee Hall, residents of Tower Hamlets pay a premium of up to £1,014 a year, consisting mostly of higher energy costs, car insurance and loans.

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