The reasons why these UK areas are seeing their living standards increase
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Slowdown in rising cost-of-living set for December pause, say economists
Disposable income in 11 UK towns and cities, including Brighton and Warrington, grew twice as fast as the national average over the past decade.
Between 2013 and 2023, residents in these areas saw an average 5.2 per cent increase in disposable income, compared to 2.4 per cent nationally.
Research by the Centre for Cities think tank highlights that these top-performing locations also experienced significantly higher economic growth.
The Centre for Cities argues that stronger economic growth, driven by policies supporting local economies, skills, transport, and housing, is crucial for raising household incomes.
The report suggests that if all major UK cities and towns matched this growth rate, residents would have an average of £3,200 more in disposable income.
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