By Andrew Jack and John Burn-Murdoch
The good news is that we are living longer. Among OECD nations, average life expectancy exceeded 80 years in 2011. There is a strong link to income but also to the structure of national health systems. The biggest outliers are Russia, Norway and the US, with below average life in relation to GDP per capita. Read more
British graduates today are saddled with debt and have starting salaries below those of the pre-recession cohort. To make matters worse, those who secure a highly sought-after job in central London will struggle to find an affordable room to rent unless they move out to the suburbs and take on a lengthy commute.
Find out how affordable different properties are at different salary levels across London using the interactive map below, which was made using data provided by Hometrack.
Gentrification and commercial developments are breaking up Chinatowns in US and British cities, squeezing Chinese communities out of the vibrant neighbourhoods that grew up around earlier generations of migrants.
The changing demographics of New York City further highlight this pattern, with Asian communities having sprung up in Flushing and Queens, where they were traditionally focused in Lower Manhattan.
The animated maps above show decadal changes in the spread of localised Chinese and Asian communities in London, New York and San Francisco, created using data from the 2001 and 2011 editions of the UK census and the US censuses of 2000 and 2010. Read more
Wokingham is the top area in Great Britain for technology jobs, with the silicon sector accounting for more than five times as large a share of its labour market than the national average.
According to a report compiled by data firm Markit for KPMG, the south east of England is host to almost two in every five local authorities with technology employment location quotients (LQs) greater than 1.0, indicating that tech jobs comprise a larger proportion of the local job market than the equivalent figure across England, Wales and Scotland.
Sources: Markit Economics for KPMG, using ONS data Read more
Government climate change policies will save the typical household £41 in energy bills by 2030 according to figures released by the Department for Energy and Climate Change, although the same policies will increase the retail price of electricity by 41 per cent.
One of the ways DECC achieves its net savings figure is by assuming sizeable energy efficiency savings over the coming decades. By 2030, the document projects efficiency savings equivalent to 5 per cent of what the typical dual fuel bill would be were the policies not put in place.
Scottish and Southern Energy (SSE) today announced that its typical dual fuel energy bill will rise in price by 8.2 per cent in November.
SSE is blaming the price hike on increases in wholesale energy costs, network distribution charges and changes to the government schemes energy companies pay into. SSE’s own figures, however, show the biggest increase in any component of the bill comes under other costs at its end including profit margins.