The earnings gap between the advantaged and disadvantaged is often explained using educational attainment, though this week’s chart questions whether more is at play.
Last year saw the emergence of five London boroughs where houses ‘earned’ more in a year than their owners; most starkly in Barnet, where on average home-owners earned £54.6k net whereas their homes grew in value by nearly £107k.
The charts show key changes in the UK economy… click to find out more!
Yesterday, the Office for National Statistics released updated figures for the UK government finances in the financial year 2015/16.
Data released by the ONS this morning showed that the gap in gross disposable income between the richest region of the UK (London) and the poorest (Northern Ireland) opened up to the largest it has been since records began in 1997.