The Centre for Cities think tank found the average person in the UK missed out on £10,200 in disposable income since 2010 when compared with predictions based on 1998-2010 economic trends.
Experts said the whole country, “including places that were doing relatively well before, have been levelled down because of the lack of growth”.
The analysis shows people in the wider Brighton area – which also includes Adur – have been left with £6,660 less in disposable income. This was slightly more than the South East average of £6,490.
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Disposable income is the money a person is left with after paying bills, taxes and covering for the cost of living.
The think tank used primary urban areas in its analysis, which is a measure of the built-up area of a city, rather than individual local authorities. These are used to provide a consistent measure to compare concentrations of economic activity across the UK.
The analysis revealed 4.6 million new jobs were created across the country between 2010 and 2022 – considerably more than the 2.5 million between 1998 and 2010.
However, productivity slowed during the same period. It increased by an annual average of 0.6 per cent in the period 2010-2021, while this was 1.5 per cent in pre-2010.
In Brighton, there was a 21.3 per cent growth in jobs, but the average productivity growth rate increased by just 1.5 per cent.
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