00:00New research suggests many low-income London households are paying hundreds of pounds more
00:06each year for everyday essentials than better-off families buying the same goods and services.
00:12The report says higher food prices, costly credit, prepayment energy tariffs, and more
00:18expensive insurance are driving what's described as a poverty premium. Researchers are urging
00:24regulators to address those extra costs. The government says it's determined to reduce
00:29poverty, pointing to measures including changes to benefits, investment in housing, and support
00:35for local authorities. Opposition politicians argue families continue facing pressure from
00:41rising household bills and housing costs.
