Londoners weather the cost-of-living crisis better than rest of UK

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The Centre for Economics and Business Research figures emphasise the widening wealth gap between the capital and the rest of the UK

London residents are weathering the cost-of-living crunch better than people in the rest of the UK, one research group concluded.

Residents of the capital saw their real wages adjusted for inflation slip by £9 a week compared with a year ago during the fourth quarter of 2022, research from the Centre for Economics and Business Research indicates. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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