Startup Observer.com
  • Home
  • Industries
  • Innovation
  • outsourcing
  • Business
  • Finance
  • Headlines
  • Opinion
  • News
Home News REVEALED: the UK regions where tech is least affordable
News

REVEALED: the UK regions where tech is least affordable

by wrich November 16, 2021
November 16, 2021
gawdo
  • Wales is the area where technology is least affordable, with tech consuming a bigger percentage of household budget than any other UK region 
  • Households in Wales spend 12.3 percent more of their yearly budget on technology than the average UK household, and 34 percent more than London, the area where technology is most affordable 
  • Tech is least expensive for Londoners, with households spending the smallest amount of their budget on technology out of all UK regions 

Wales is the area where technology is least affordable in the entire UK, new research can reveal. 

Households in Wales spend more of their annual budget on technology than any other region in the UK, and tech spends in Wales are over a third (34.2%) higher than London, the area where tech is most affordable. The research found that technology consumes ten percent more of a Welsh household’s annual budget than that of the average UK household. 

The study, by technology experts Trusted Reviews, analysed ONS data for household spending on tech products and services including TVs, computers and internet subscriptions, to discover the region where technology is least affordable.  

The UK regions with the least affordable tech, by Trusted Reviews 

Region  Total Average Expenditure on Technology (£)  Total Average Expenditure (£)  Percentage of Total Expenditure spent on Technology  Average Annual Expenditure on Technology per person (£) 
Wales  1,768.00  26,676.00  6.63%  768.7 
Scotland  1,762.80  26,644.80  6.62%  801.27 
North East  1,638.00  25,963.60  6.31%  744.55 
North West  1,731.60  27,560.00  6.28%  752.87 
Northern Ireland  1,586.00  25,292.80  6.27%  660.83 
Yorkshire and The Humber  1,721.20  27,554.80  6.25%  748.35 
West Midlands  1,695.20  27,310.40  6.21%  706.33 
East  1,944.80  31,600.40  6.15%  810.33 
United Kingdom  1,794.00  30,430.40  5.90%  747.5 
East Midlands  1,731.60  29,484.00  5.87%  721.5 
South East  2,043.60  36,327.20  5.63%  817.44 
South West  1,752.40  32,063.20  5.47%  761.91 
London  1,804.40  36,561.20  4.94%  668.3 

 

Scotland comes second as the area where technology is least affordable, with residents spending the second-highest percentage of their budget on tech products including audio equipment, TV subscription services and combined telecom services. Scottish households spent 12.2 percent more of their annual budget on tech than the average UK household, and 34 percent more than London. 

Regions including the North East and the North West also found technology more expensive than the rest of the UK. In the North East and North West, households spend 28 percent more of their annual budget on tech than Londoners, and 6 percent more on tech than the average UK household.  

At the other end of the scale, London is the area where technology is most affordable. Families in London spend 16 percent less of their yearly budget on technology than the average UK household. 

A spokesperson for Trusted Reviews, which conducted the research said: 

“Technology defines every aspect of our lives, work and education, which is why it’s so important to ensure that every area in the UK has affordable access to tech. From ensuring our children get the most up-to-date education, to allowing us to find jobs and gain key skills in employment and work, tech is vital to a successful and thriving society. While great strides have been made to improve access to tech, it’s clear from this data that some regions are still finding it a greater financial burden than others”. 

The study was conducted by Trusted Reviews, the site dedicated to giving readers thorough, unbiased and independent advice on what to buy from experienced expert reviewers, who thoroughly test everything they recommend.

www.gawdo.com
Share on FacebookShare on TwitterShare on Linkedin
0 FacebookTwitterPinterestEmail
previous post
Raising capital for start-ups is as easy as 1, 2, 3 – or is it?
next post
Ondat Launches First SaaS Platform for Developer and DevOps Teams to Build and Run Stateful Kubernetes Applications

You may also like

Open University to focus on societal challenges that...

June 23, 2022

Aramco and Cognite join forces in new data...

June 22, 2022

Sponsors Announced for Biggest Ever Summer School for...

June 20, 2022
Editorial & Advertiser disclosureEditorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
gawdo.com
https://www.gawdo.com
  • About us
  • Advertising & Terms of Use
  • Contact Us
  • Privacy Policy

@2021 - All Right Reserved.


Back To Top
Startup Observer.com
  • Home
  • Industries
  • Innovation
  • outsourcing
  • Business
  • Finance
  • Headlines
  • Opinion
  • News
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT