Londoners have £8,000 more to spend or save than UK average - News Summed Up

Londoners have £8,000 more to spend or save than UK average


Top six areas for disposable income all in capital, while Wales has least spending powerLondoners have £8,000 more to spend or save than UK averageBig regional inequalities in disposable household income still exist, with Londoners more than £8,000 a year better off than the UK average, according to government data. The UK average was £19,514. Between 2016 and 2017, disposable household incomes grew in all regions except Yorkshire and the Humber, where it fell by 0.2%. The capital’s share of all UK gross disposable household income was 19%, significantly higher than its 13% share of the population. England’s disposable income per head was slightly above the UK average at £19,988.


Source: The Guardian May 22, 2019 12:22 UTC



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