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Manchester's spending power dropped 7 percent between 2021 and 2023, Kelvin MacKenzie notes

Manchester's spending power dropped 7 percent between 2021 and 2023, Kelvin MacKenzie notes
Manchester spending power fell under Burnham

Kelvin MacKenzie highlights findings from the Resolution Foundation indicating that spending power in Manchester decreased by 7 percent between 2021 and 2023 during Burnham's leadership.

He contrasts this with an average 4.7 percent fall in the rest of the UK, suggesting that Burnham's approach has had a notable economic impact on the Northern city. MacKenzie refers to this trend as 'Skinterism,' implying a focus on diminished prosperity.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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