NEF urges UK government to increase funding for local authorities to address regional income inequality.

The New Economics Foundation (NEF) has urged the UK government to boost funding for local authorities to combat regional inequality. Research shows that while disposable incomes in Oxford average £22,868 in 2022, areas like Dudley have seen slower growth, with an average of £17,644. NEF highlights that disproportionate public investment in London, coupled with rising inflation, has worsened economic conditions, increasing reliance on food banks and far-right activities.

September 15, 2024
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