London pulls away from rest of UK in wealth, says first paper in major inequality study

London has been far more economically productive than the rest of the country over the last two decades while earnings in the capital are much higher than elsewhere, a new study by the Institute for Fiscal Studies (IFS) has shown.

The IFS has today launched the Deaton Review of inequalities in the UK, which it said will be “the most comprehensive scientific analysis of inequalities yet attempted”.

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