While parts of East London have been transformed — as any visitor to the financial centre, Canary Warf or the 02 Concert Arena will testify — large parts remain huge pockets of poverty. Newham, where around 60 per cent of Olympic events will take place, is among the poorest — and most ethnically diverse — boroughs in the UK, according to the government indices of multiple deprivation, with high rates of joblessness, homelessness, child poverty and infant mortality. Around 15 per cent of adults lack employment, according to the Trust for London charity, while the rate of infant mortality stands at 7 in 1,000.
Can the Olympics turn East London to prosperity?
Business Line
July 20, 2010