The economy now faces its most difficult period in living memory and one in five jobs in large cities and towns could be lost or furloughed. This puts people with higher levels of household debt in particularly precarious situations.
Latest research by Kanishka Narayan, Associate at Centre for Cities, found that people in large cities and towns in Northern England and Wales have the most household debt and will be hit hardest in the economic downturn.
Kanishka joins Chief Executive Andrew Carter for a ten minute debrief to talk about the recent analysis that looked at where problem debt is concentrated geographically and the implications for policy.
City Talks: Reviving England’s seaside towns
City Minutes: Kickstarting the new economy
City Talks: What does the future look like for local government?
City Talks: Examining the CHIPS and Science Act
City Talks: How creative industries drive urban economies
City Minutes: King’s Cross and the role of regeneration
City Talks: Managing our urban transport networks
City Minutes: How the cost of living crisis is playing out across the UK
City Talks: Fixing the intangible economy
City Minutes: How has homeworking impacted urban high streets?
City Talks: How has history shaped the North’s identity?
City Talks: Delivering the Levelling Up White Paper
City Minutes: What’s next for the new Mayor of South Yorkshire?
City Talks: Supporting local economic growth – what lessons has the Government learned?
City Minutes: South Yorkshire election special with Bex Whyman, Green Party
City Minutes: South Yorkshire election special with Joe Otten, Liberal Democrats
City Minutes: South Yorkshire election special with Oliver Coppard, Labour
City Minutes: South Yorkshire election special with Simon Biltcliffe, Yorkshire Party
City Minutes: Will the Government’s plan level up the UK?
City Minutes: Is Covid-19 killing the high street?
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