disposable

Central London is no longer the most lucrative place in Europe

Before the financial crisis, inner London had the highest level of average disposable income (eg post-tax take-home pay adjusted for inflation) in Europe – peaking at almost €30,000 per person. According to Eurostat figures, it has now lost this crown to Luxembourg. The full data for this are from Eurostat and can be found here. They only run up to 2009 (though the latest numbers came out earlier this year), but I suspect the divergence may have widened since.

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