BBC Breakfast Cost of Living

ComRes interviewed 1,003 GB adults aged 18+ by telephone between 7^th and 11th March 2014. Data were weighted to be representative of all GB adults aged 18+.

Date Published: 18 Mar 2014

Categories: Economy | Financial Services | Public and communities | UK

Description

 ·        More Britons say that their personal financial situation has got worse  (31%) over the last 12 months than     say that it has improved (17%), however half (51%) say that it has stayed the same.

·      However, Britons are more likely to say that they think their personal financial situation will improve (28%) than get worse (19%) over the next 12 months.

·         More than a quarter (28%) say that their financial situation is causing stress for them and their family.

·         One in five Britons (19%) agree that they spend more money than they earn each month, while 60% say that they have some money left over at the end of the month.

 

·         Being able to pay utility bills (47%) is what worries Britons the most, followed by the cost of food shopping (43%)

·         More than two in five working Britons (44%) expect a pay increase in the next 12 months, including a quarter (27%) who say that it will increase by 2% or more. However 44% expect their pay to stay the same.

·         Half (51%) say that they put some money into savings at the end of every month. Seven in ten (71%) Britons disagree that they have more money to spend on non-essential items now than they did last year.

 

 

ComRes interviewed 1,003 GB adults aged 18+ by telephone between 7^th and 11th March 2014. Data were weighted to be representative of all GB adults aged 18+.