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South East responsible for 15 per cent of UK economic output

High economic output and low unemployment for South East

James Preston

South East responsible for 15 per cent of UK economic output

Nearly a sixth of the UK's economic output comes from the South East, new figures from the Office for National Statistics (ONS) has revealed.

The latest ONS Region and Country Profiles show the area, which includes Maidenhead, Windsor and Slough, was responsible for nearly 15 per cent of the UK's economic output in 2011.

Unemployment rates in the area are the joint lowest in the country, standing at six per cent for the second quarter of 2013, compared to a national average of 7.8 per cent.

Employment stood at 75.8 per cent, higher than the UK rate of 71.5 per cent.

In April 2012, the median gross weekly earnings for full-time adult employees were £556, the highest outside London.

The average house price in June 2013 was £299,000, compared with £242,000 for the UK.

The figures also show life expectancy is higher in the South East than the national average, standing at 80.0 years for men and 83.8 years for women.

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