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Incomes growing fastest in rural areas


People living in the Scottish Borders have seen a faster rise in income than anywhere else in the UK, according to figures from the Office of National Statistics (ONS).

The office figures show that rural areas saw the highest levels of disposable income growth in the UK, especially in Scotland. Disposable incomes grew more in the Borders, West Cumbria and the Western Isles than in extremely affluent areas such as Kensington and Chelsea.

Gross Disposable Household Income (GDHI) grew by 5.2% in the borders and 5.1% in both West Cumbria and the Western Isles. In Chelsea and Kensington the GDHI only grew by 3.7%.

GDHI is the amount of money people have left after paying taxes and receiving benefit payments, and is the money they are actually able to spend.
Despite the rise, residents of central London still remain the richest in the country by a large percentage. Westminster had the highest level of disposable income anywhere in the UK, at an average of £43,577 per person. People living in the four wealthiest boroughs in London still have more than twice the income of the average UK resident, which was £17,559.

Many areas of the UK saw GDHI fall, with parts of north-east London including Redbridge and Waltham Fores seeing incomes fall by 3.8%. South Nottinghamshire, Manchester, Luton, Enfield and York also saw incomes fall more than 3%.

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