London weighting

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London weighting

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London weighting was started to deal with the discrepancy between the cost of living in London and the rest of the country.

Average rents outside London are about £600ocm. In London the figure is twice that.

I propose that London weighting should be implemented for all on an income of £26kpa or lower, of £600pm to equalise accommodation costs.

This could be done in part by the government refraining from taxing those on £26k or less living in London, until the benefit of £600pcm was achieved, alongside looking to increase the London minimum wage to a realistic level.

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