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Northern Ireland household spending power 'half the UK average'


http://www.bbc.com/news/uk-northern-ireland-36906990

Household spending power in Northern Ireland is about half the UK average, according to new data.

Compiled for Asda by London economists CEBR, the latest income tracker shows families in the region have an extra £8 a week compared with a year ago.

However, their discretionary income of £103 a week compares with a record UK average of £201.

Additionally, it says almost 10% of Northern Ireland workers in 2014 were employed at or below the minimum wage compared with just over 5% across the UK as a whole.

Wales has discretionary income of £180 a week, Scotland has £200, and the poorest English region, the north-east, has £133.

The pace of growth has slowed considerably for Northern Ireland householders - it rose by 9% between April and June, compared with 18% in the corresponding quarter of 2015.

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On 13/04/2017 at 11:20 AM, willie said:

I noted a few days ago the Bel tel trumpeting that NI house prices have risen 5.7% this last year.  How does that sit with today's figure that the NI economy is 5% lower than 2007?

 

http://www.belfasttelegraph.co.uk/news/northern-ireland/northern-ireland-economy-5-below-2007-crash-level-35619916.html

"The NI economy is 5% lower than 2007" NI House prices are 45% lower than they were in 2007 

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Sounds like complete BS.

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I love N.I. I living here. But a bank prosperity index? What is that about. I agree, it's all a bit B.S. 

 

This jumps out and

 

  • Prosperity hot-spots are thriving outside London and the South East
Edited by 2buyornot2buy

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1 hour ago, BelfastVI said:

Yea, And what would Barclays know anyway

If I wanted advice on rigging LIBOR or how to get some fraudulent capital they'd be the first I'd ask. 

 

Measuring relative prosperity? I'll ask someone else thanks. 

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2 hours ago, BelfastVI said:

Yea, And what would Barclays know anyway

I presume the market is doing great, I've never seen so many attempts to paint a rosy picture in the face of obvious drops. Barclays prosperity index indeed.

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58 minutes ago, darkmarket said:

I presume the market is doing great, I've never seen so many attempts to paint a rosy picture in the face of obvious drops. Barclays prosperity index indeed.

Exactly. They're up to something. Still trying to figure out who They are, of course. 

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