The latest findings from the Centre for Cities reveal the UK areas where disposable income has experienced significant growth. A report shows that living standards in 11 top-performing locations surged by 5.2% since 2013, outpacing the national average of 2.4%.

Leading the surge is Brighton with an 8.1% rise, followed closely by Worthing at 7.8% and London at 5.8%. These areas collectively saw a 27% economic growth from 2013 to 2023, compared to the national figure of 18.4%, resulting in a 5.2% increase in real disposable income.

Researchers highlight that if all 63 major UK cities and towns matched the growth rates of the top performers since 2013, residents could have gained an extra £3,200 in disposable income on average over the decade. In contrast, Cambridge experienced a 3% decline in real disposable incomes, potentially missing out on £10,900 per resident if it had matched the top performers.

Residents of Wigan, where real disposable incomes decreased by 1.6% since 2013, could have pocketed an additional £7,200 if growth rates were aligned with the top performers. Andrew Carter, the CEO of Centre for Cities, emphasized the importance of economic growth in boosting household incomes, stating that sustainable growth is key to addressing the cost-of-living challenges.

Carter highlighted success stories like Warrington and Barnsley, where economic growth led to improved living standards and reduced deprivation. He underscored the role of policy decisions in areas such as skills development, transportation, housing, and business support.

Policy initiatives like planning reforms, devolution strategies, and the Industrial Strategy are seen as pivotal in fostering growth in cities and enhancing living standards. The focus is on creating more jobs in emerging sectors like life sciences, digital, and AI, which can benefit urban areas and the broader economy.

Looking ahead, there is a call for political action to drive job creation, boost wages, and stimulate local growth across the UK. The aim is to demonstrate tangible progress by the end of the year, aligning with the vision for a more prosperous and inclusive economy.