YOUNG families in their thousands are being priced out of London, Britain’s largest renters’ group warned yesterday.

According to the latest data from the Office for National Statistics (ONS), the number of 30-somethings with young children fleeing the capital due to high rents has jumped by a quarter since 2012.

Generation Rent told London mayoral hopefuls yesterday that failing to stop rising rents would impede London’s economy, “weakening its communities.”