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October 26, 2022

Belfast Telegraph – Northern Ireland poorest region in UK for disposable income, new figures reveal

Families here are left with an average of just £95.10 to spend as they like each week.

That’s according to the latest figures from the Asda Income Tracker, and it makes Northern Ireland the worst UK region when it comes to disposable household incomes.

The data shows spending power here has fallen by a record 28.7% year on year as families struggle to cope with rising energy and grocery costs.

It’s the largest annual fall of any region in the history of the income tracker, which is independently compiled by the Centre for Economics and Business Research (Cebr).

Twelve months ago families had an average of £133.40 per week to spend, a year-on-year drop of £38.30.

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