Britain’s regional divide is smaller than you might think

In London, the median household has a disposable income before housing costs that is only 21 per cent higher than the weakest area, which is in the north-east England. After paying a lot for very small homes, Londoners have no higher incomes than the UK average. Most inequality occurs within regions not among them — the Institute for Fiscal Studies says that if average regional income differences were eradicated, 95 per cent of UK income inequality would still exist.

That is from Chris Giles at the FT.

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