Flatlining of economy since 2010 has cost people in Cambridge £21,000, says study

Published by
Cambridge Independent

People in Cambridge are more than £21,000 worse off than they would have been had the UK economy continued to grow at the rates it did before 2010, according to a new report. Meanwhile, housing affordability has continued to get worse and Cambridge’s population has grown more than any other UK city. The Centre for Cities said people in the UK have been left with £10,200 less to spend or save on average since 2010 than if the economy had grown at the rate it did between 1998 and 2010. A comparison by the think tank of disposable incomes in the UK’s 63 largest cities and towns showed that while …

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