Londoners 50% richer than those in the North East

Dominic Lipinski/PA Archive/Press Association Images

Government statistics have revealed that after tax, Londoners are 50% better off than the region with the least disposable income, and 33% better off than the average. They have an astonishing £20,238 a year to spend.

So why are they so much better off, and is it time to move to London?