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The capital's average wage tops [pounds sterling]41,000.
- Article from:
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The Evening Standard (London, England)
- Article date:
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August 15, 2006
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Copyright informationCOPYRIGHT 2006 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: GEORGINA LITTLEJOHN
THE average wage in London has now passed [pounds sterling]41,000 a year.
Research by the Office of National Statistics shows the capital's average gross annual salary is now [pounds sterling]41,759 - compared with the national average of [pounds sterling]28,941.
Residents of the City earn the most, with an average salary of almost [pounds sterling]74,000. Tower Hamlets is in second place, with an average of almost [pounds sterling]72,000.
However, the figures disguise an enormous variation in wealth between residents, because a relatively small number of people earning a very large amount of money can drive up average wages in ...
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