Saturday, March 03, 2007

Factlet of the day – UK Regions


This is only vaguely linked to 50-plus marketing but very important if you are interested in the distribution of economic activity in the UK.

This chart from Oxford Economics shows the regions that are net beneficiary of government expenditure (i.e. who receive more than they contribute in taxes). As you can see; London, the South East and Eastern regions fund the rest of the country.

This is a rough indication to the wealth profile of the UK and illustrates the highly distorted nature of the UK economy. If this subject interests you then a report just published by IPPR gives a detailed breakdown on the levels of over-50s economic inactivity across the UK. Dick Stroud

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