Reading salaries among highest in UK
March 08, 2012
Salaries in Reading are among the highest in the country, according to the latest figures.
The average gross weekly pay cheque of £582 puts the town in the top 20 of big earners in the UK, as compiled by the Office of National Statistics (ONS).
But a separate survey says Reading residents are at far greater risk of suffering poverty than some of their Berkshire neighbours.
The ONS figures put Reading in 19th position in the table of top salary earners, just behind West Berkshire where the average weekly salary is £584.
Wealthy Wokingham is in fourth place with a weekly salary of £666 but surprisingly it is Bracknell which comes top – beaten only by the City of London. The average weekly wage in Bracknell, the home of Waitrose head office and Hewlett Packard, is £698.
Predictably, the highest earners work in the UK’s banking capital where the weekly pay packet is £980.
Slough sits at 11th place in the league, with £603, while their neighbours in the Royal Borough of Windsor and Maidenhead are 20th with £580.
A survey published this week by credit reference agency Experian has ranked every local authority area in the country by a set of key poverty indicators.
Reading borough sits near the centre of the table, ranked at 175 for the biggest risk of poverty and 125 for child poverty out of 326 local authorities.
West Berkshire is placed at 281 and Wokingham borough at number 291.
The Experian survey says Reading is ranked at 170 for the number of people currently living in poverty compared with 285 in West Berkshire and 314 in Wokingham.
The likelihood for the presence of households at risk of long-term unemployment ranks Reading at 148 with West Berkshire standing at 306 and Wokingham at 303.
Another category gives a ranking for the area with the greatest likelihood of containing households at risk of chronic obstructive pulmonary disease. Reading stands at 237 while West Berkshire is ranked at 293 and Wokingham at 316.