Cities north of the Border are facing some of the highest inflation levels in the UK, according to new analysis
Glasgow had the second highest rate of inflation in the UK, according to research from a think tank
Households in the city paid an extra £55 on energy costs and £15 on petrol in the third quarter of this year, compared to the same time in 2021. Workers living in Glasgow were on average £138 a month poorer in July 2022 than the previous year, However the research says cities and large towns in the South have been “relatively sheltered” from rising costs, with the places with lowest inflation including London , Cambridge and Reading .
The Centre for Cities’ cost of living tracker maps city-by-city inflation using data on spending, prices, energy bills and wages. The report comes as it is confirmed the UK is now in a recession and households are facing the biggest drop in living standards on record, with Chancellor Jeremy Hunt outlining plans for £55 billion of tax hikes and spending cuts in his Autumn Statement last week.
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