Skip to content
Search

Latest Stories

'North-south economic gap widened during pandemic'

'North-south economic gap widened during pandemic'

“NORTH-SOUTH” economic divide in the UK have widened up more as a recent study shows that £150 billion of savings accrued by the country over the pandemic are concentrated in the south of England, while large parts of the north and the Midlands are facing an “avalanche” of personal debt.

Highlighting the economic gap which seemed to have widened during pandemic, a recent study by Centre for Cities shows that people in southern England neighbourhoods were typically able to save £12 for every £1 saved by people in poorer neighbourhoods in mostly northern cities and towns.


Lockdown has made spending on non-essential services such as travel, restaurants and entertainment dipped across the country, enabling the accumulation nationally of a £150bn savings cash pile, the study said, adding that this “dividend” is unevenly distributed.

Cities such as Exeter, York and Aldershot were the biggest financial beneficiaries of lockdown, with residents in at least three-quarters of neighbourhoods likely to have boosted savings while Hull, Bradford and Blackburn residents likely to have racked up debts.

As the country’s Covid support package is set to phase out in autumn this year,  the economic divide may open up more widely with some parts of the country potentially benefiting from the effects of Covid savings and others may face increased level of debt, The Guardian said in a report on Wednesday (23).

The study also said that  people living in poorer neighbourhoods faced a double whammy – not only were they less likely to be able to cut spending over lockdown but were more likely to have lost income as a result of moving on to universal credit or furlough.

Centre for Cities’ chief executive, Andrew Carter said: “The pandemic has left this country more divided than ever. While people in mostly prosperous southern cities and towns have accumulated £150bn of savings, many less affluent people in the north and Midlands will face an avalanche of debt as government support ends later this year.”

“The government is withdrawing financial support far too quickly for people in places that have been hit hard by the pandemic,” Carter said.

More For You

UK  mini heatwave

Sunny conditions will bring early summer warmth

Getty

UK to see mini heatwave as temperatures climb towards 24 °c

The UK is set for a period of warmer weather in the coming days, with temperatures expected to rise significantly across parts of the country. According to the Met Office, a spell of dry and sunny conditions will bring early summer warmth, although it will fall short of the threshold for an official heatwave.

Temperatures in south-eastern and central England could reach 23°c to 24°c by Tuesday, around 10C above the seasonal average for some areas. The Met Office described this as a “very warm spell” rather than a heatwave, though the contrast with recent cooler weather will be noticeable.

Keep ReadingShow less
indian-army-reuters

Indian security force personnel stand guard at the site of the attack on tourists in Baisaran near Pahalgam in south Kashmir's Anantnag district, April 24, 2025. (Photo: Getty Images)

Getty Images

Indian and Pakistani troops exchange fire along Line of Control

INDIAN and Pakistani troops exchanged fire overnight along the Line of Control in Kashmir, officials from both sides said on Friday.

The exchange took place days after a deadly attack in the region and amid calls from the United Nations for both countries to show "maximum restraint".

Keep ReadingShow less
India declares state mourning for Pope Francis, Modi leads tributes

A sculpture by Indian sand artist Sudarsan Pattnaik in Puri, Odisha, on Monday (21)

India declares state mourning for Pope Francis, Modi leads tributes

INDIA began three days of state mourning on Tuesday (22) for the Pope, a rare honour for a foreign religious leader, as prime minister Narendra Modi joined other south Asian and world leaders in paying tributes following his death on Monday (21).

Pope Francis, the 88-year-old leader of 1.4 billion Catholics across the world, died of a stroke, causing a coma and “irreversible” heart failure, the Vatican said.

Keep ReadingShow less
Minority youth face racist content online once a week, report reveals

As many as 95 per cent of respondents reported encountering violent or abusive racist content online. (Photo: iStock)

Minority youth face racist content online once a week, report reveals

MOST young people from black and minority communities in Britain encounter racist content online, a new study revealed, with more than half reporting it damages their sense of safety.

The "Youth, Race and Social Media" report published on Thursday (24) highlighted a troubling picture of online racism and its effects on young people aged 16-24.

Keep ReadingShow less
england-gp-iStock

The researchers analysed data from over 8,500 GPs between 2015 and 2021 as part of the GP work life survey. (Representational image: iStock)

GPs in England’s deprived areas face lower pay, greater pressure: Report

GPs working in the most deprived areas of England earn an average of £5,525 less per year than those in wealthier areas, according to a study by the University of Manchester published in the Journal of the Royal Society of Medicine.

The researchers analysed data from over 8,500 GPs between 2015 and 2021 as part of the GP work life survey.

Keep ReadingShow less