Northern Ireland suffers from persistently lower Gross Disposable Household Income (GDHI) compared to its counterparts. Office for National Statistics (ONS) data reveals a concerning decline in GDHI, particularly in Belfast City Council, indicating an imminent drop into the lowest 15% bracket. This calls for a critical evaluation of energy policies, urging a strategic reinforcement to address the escalating economic challenges.
This publication unwraps the complicated terms of UK disposable incomes, spotlighting Northern Ireland's unique economic challenges. With six out of eleven Northern Irish Councils ranking in the bottom 22%, the stark 19% disparity in disposable income compared to the UK average demands urgent attention. The data underscores a critical need for a strategic reassessment of energy policies to effectively address the escalating economic strain and pave the way for a more equitable future.
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