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Bold actions need to recover incomes, says think tank

ECONOMIC stagnation since 2010 has cost people across Scotland more than £23,000 a year, a new report has found.

The Centre for Cities think tank looked at incomes across Britain and found that if growth had continued on the trend seen between 1998 and 2010, people would be on average £10,200 better off.

But the study concluded that the effects on income of the economic stagnation was even more pronounced in Scotland where the average loss was £23,370.

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