Only two areas in the North make the top 50 list of highest disposable incomes
Think-tank Resolution Foundation says disposable incomes
are higher than those from the ONS if you look at the size and make-up of homes.
WALES is the only region of Great Britain in which disposable income
in every area of the nation is below the UK average, according to latest figures.
The researchers note that Wales was the part of the UK where there was the least variation in disposable income
between the richest and poorest areas.
And it looks like disposable income
is falling, thanks to the recession.
Meanwhile, the research revealed a fall in average disposable income
across all households of pounds 200 a year to pounds 30,300 as wages came under pressure.
With the average disposable income
in the UK increasing by 3% in the year, the higher increase in Wales meant that it closed the gap between Welsh and UK disposable income
Saudi Arabia was rated the best for expats to go to increase savings, third in terms of luxuries they can expect to own, fifth for disposable income
and 13th for salaries.
A depressed level of consumer confidence and a decline in real disposable income
had contributed to sluggish consumer spending.
HONG KONG -- Cellular voice services will capture the limited disposable income
in developing markets, undermining the business case for WiMAX, according to a new report, The Business Case for WiMAX, published by Analysys, the global advisers on telecoms, IT and media (http://research.
Meanwhile, 13% of people in the 'exclusive lifestyles' category, who are typically aged in their mid-50s to 60s, married with grown-up children, mortgage-free, and have a high disposable income
and large assets, also said they have switched to buying own-label or value brands.
Among Asians, the disposable incomes
with spending power of senior managers in Hong Kong are almost double that of their US counterparts.