Economic growth in countries such as India and China has resulted in an increase in the disposable incomes
The Institute for Public Policy Research study found average disposable incomes
in London were the highest at PS22,500 - PS7,200 more than the North's PS15,300.
It shows disposable incomes
jumped much more in London between 1997 and 2013 than anywhere else.
Londoners enjoyed average disposable incomes
of PS21,446 - it was the only region where each area was above the UK average.
WALES is the only part of Great Britain in which disposable income
in every area of the nation is below the UK average, according to latest figures released yesterday.
Middle wealth" households now enjoy over PS10,000 more disposable income
every year than they did in 1977.
The Office for National Statistics said that between 2007/8 and 2010/11, the average disposable income
for nonretired households in the middle fifth of the income distribution fell by 3.
The richest tier saw the proportion they spent on indirect taxes rise from 12% to 13%, or pounds 8,339 out of disposable incomes
worth pounds 63,890.
THE disposable income
of Welsh households rose at the fastest rate in the UK in 2010, according to new figures.
It was rated ninth for disposable income
levels and 14th in terms of salaries.
Elliott reports that while disposable income
is increasing, the existing Central European retail sectors remain inefficient.
Real disposable incomes
had been reduced by a decrease in total hours worked and by the effects of higher energy prices, and major surveys of consumer attitudes in November indicated that consumer confidence remained at depressed levels.
However, according to report co-author, Mark Heath, "The prospects for WiMAX in developing markets will be severely limited by a lack of PCs, low disposable incomes
and the growing strength of cellular services.
Research has revealed a near PS8,200-a-year gap between disposable incomes
across the UK.
The Axa quarterly Big Money Index found the squeeze on consumer spending has filtered through to those who are considered to have higher disposable incomes
, faced by high bills and little real return on their savings.