'Four out of five of Britain's most prosperous areas are in London'

Study looks at the places that have the highest levels of happiness and wealth
Prosperous: Kensington and Chelsea is named as Britain's most prosperous area
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Jamie Bullen27 October 2015

Four out of five of Britain's most prosperous areas are in London, according to a new study.

Hammersmith combined with Kensington and Chelsea tops the list according to think-tank The Legatum Institute.

Westminster, Wandsworth are the next two and the final spot in the top five was given to Camden and the City of London combined.

Top 10 most prosperous areas                                                                                               

Hammersmith and Kensington and Chelsea
Westminster
Wandsworth
Camden and the City of London
Outer Hebrides
Orkney Islands
West and south of Northern Ireland
Berkshire
Aberdeen and Aberdeenshire
Shetland Islands

UK's least prosperous places

Wolverhampton
Sandwell
Blackpool
Liverpool
East Derbyshire
Gwent Valleys
Brent
Croydon
Bexley and Greenwich
Greater Manchester

London has nine out of 10 of the wealthiest areas in the UK. However, the study also highlighted impoverished parts in the capital among the worst places to live in the UK in the study which rated happiness and affluence.

At the other end of the prosperity scale Croydon, Brent and Bexley and Greenwich boroughs are listed as among the most miserable in the country, although the worst overall place was awarded to Wolverhampton.

The study took ONS data to create a picture of the overall prosperity of an area using the measures of wealth and quality of life in 170 parts of the UK.

The institutes's executive director Sian Hansen said: "“The “Geography of Prosperity” index reveals that prosperity is about more than just wealth—it is about feeling that one’s life is worthwhile.

"Some of the most prosperous areas of the country are those where, regardless of their income, people have the opportunity to lead healthy, fulfilling and prosperous lives.”

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