|Hammersmith and Fulham Is Officially the Most Prosperous Area in Britain|
But index claims residents are more miserable than many less well off people
Hammersmith and Fulham has officially been declared the most prosperous area in Britain.
A new 'Geography of Prosperity' index produced by The Legatum Institute has found people living in two adjoining boroughs, Hammersmith & Fulham and Kensington & Chelsea are the most prosperous in Britain, with an average annual income of £133,000 a year.
However, the Institute says that despite this exceptional wealth - over five times the national average - we are still more miserable than many poorer people, coming only 88th out of 170 in the life satisfaction stakes.
The Legatum Institute - which describes itself as a charitable public policy think-tank whose mission is to help people lead more prosperous lives - found that London contains four out of five of Britain's most prosperous areas, with the fifth being the Outer Hebrides!
However, its findings also reveal that the capital is home to three out of ten of the least prosperous areas, including
Croydon, Brent and Bexley & Greenwich.
The Outer Hebrides were also ranked top for life satisfaction, with the Orkney Islands coming second.
October 30, 2015