Report: Nearly half of households miss growth benefits
A report finds that almost half of UK households live in areas where economic growth does not translate into improved living standards, highlighting a significant North-South income divide. Households in northern regions have lower spending power than the national average, while southern areas like London and the South East have higher disposable incomes. The report emphasizes that regional disparities persist despite economic growth and advocates for increased local control over revenues to promote broader prosperity.
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