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Cambridge’s Tech Boom Exposes UK’s Wealth Gap

DeFi Daily News by DeFi Daily News
October 25, 2024
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Cambridge’s Tech Boom Exposes UK’s Wealth Gap
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The English university town of Cambridge has been billed by some as the “next Silicon Valley,” with a fast-growing tech and life sciences industry. For many elected leaders across the political spectrum, the city serves as a model for reviving the UK’s struggling economy, but critics say Cambridge is no blueprint for the future as the city has the least affordable housing in the UK after London. Bloomberg’s Tiffany Tsoi reports.
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Tags: boomCambridgeCambridgesExposesGapHousing Markethousing sectorTechUK economyUK homebuildersUK homesUK housingUK wage inflationUKsUniversity of CambridgeWealth
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