What it will achieve
A catalyst for renewal
Newham and Tower Hamlets are two of the most deprived areas in England, where both life chances and life expectancy are poor.
For over 25 years, the Bromley by Bow Centre and Community Links have led innovative and successful approaches to regenerating these areas. From youth clubs to start-up business support, these two nationally acclaimed organisations are changing lives and helping to lift communities out of poverty.
Today, the need for their work is as great as ever.
The East London Bond allows them to step up their work, helping those hit hardest by the tough economic times, and enabling local people to benefit from the investment coming to the area through major regeneration initiatives and the Olympics.
By investing in a Bond, you can help to make this happen – and get all your money back in five years’ time.
Key facts about Newham and Tower Hamlets
- Tower Hamlets is the third most deprived local authority in England out of 354, while Newham is the sixth (1)
- Four out of five children in Tower Hamlets live in poverty (2)
- One in five adults in Newham has no qualifications (3)
- Unemployment in Tower Hamlets is over twice the national average (4)
- A child born in Newham is twice as likely to die before the age of 1 than a child born in Richmond (5)
- The number of under 15s ‘not in good health’ in Tower Hamlets is the worst in the country (6)
- Index of Multiple Deprivation 2007
- The Campaign to End Child Poverty
- Newham Information Management System Ward Profiles
- National Statistics NOMIS
- London’s Poverty Profile, City Parochial Foundation/New Policy Institute
- APHO and Department of Health. © Crown Copyright 2008
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30.07.10 Bond closes for investment >
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