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October 29, 2010Age of Austerity: UK Edition
Not much economic optimism in Britain:
Few people in Britain believe the country’s economy is performing well, and a sizeable proportion of respondents expect the situation to worsen, a new Angus Reid Public Opinion poll has found.In the online survey of a representative sample of 2,021 British adults, 86 per cent of respondents (+4 since September) describe the United Kingdom’s economy as being in poor or very poor condition, while only 11 per cent (-3) describe it as good or very good.
Three-in-five respondents (59%) continue to rate their personal finances as poor. While 11 per cent of Britons expect the UK economy to improve over the next six months, 41 per cent foresee a decline—including 57 per cent of respondents in Scotland.
More than half of respondents (55%) believe the recession will not be over until after 2011, while 16 per cent foresee the end of the downturn in 2011.
See the full results here. (pdf)
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