Monday, Jul 28, 2008
Cornwall is a microcosm of what we're seeing nationally because of the credit crunch, but it's exaggerated by the earning to house price ratio
The Independent: Cornwall: A land of haves, and have nots
Cornwall was at the bottom of the table of wealth in a recent EU survey, level with former eastern bloc countries such as Slovakia and Slovenia.
As the only county in England to qualify for emergency EU funding, it is actually one of the poorest parts of Europe. A world away from the catamarans of its Kensington holidaymakers, the area is on the front line of the global credit crunch.
Posted by kernow @ 12:32 PM (188 views) Add Comment
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