Cuts Index poll on behalf of ITV News published on 8 August 2011.
Date Published: 07 Aug 2011
Categories: Economy | Politics | Public and communities | UK
84% of public fear Europe debt crisis is endangering the UK economy
The latest Cuts Index, conducted by ComRes and to be broadcast on ITV News at Ten, reveals that a large majority of the British public, a massive 84%, feel that the debt crisis in Europe is putting the UK economy in danger. A further 78% say that European political leaders have handled it badly.
Just 13% believe that the banking sector has learnt the lessons of the financial crisis in 2008 while 69% disagree. Moreover, two thirds (62%) agree that in the current financial situation, the Government is more concerned with protecting the banks than the British public.
Back when the tracker started in October 2010, just under half of the public (49%) were pessimistic about the future state of the UK economy. Now, the figure has increased substantially to almost two-thirds (64%) - an increase of 15 percentage points and a new record since the Cuts Index began. Additionally, seven in ten (70%) are now worried that another recession would have a severe impact on their family life.
The UK is on course for another wave of recession
Don’t know: 27%
The debt crisis in Europe is putting the UK economy in danger
Don’t know: 11%
The banking sector has learnt the lessons of the financial crisis in 2008
Don’t know: 18%
In the current financial situation, the Government is more concerned with protecting the banks than the British public
Don’t know: 22%
The previous Labour Government would have handled the current financial situation better than the Coalition
Don’t know: 28%
I am worried that another recession would have a severe impact on me and my family
Don’t know: 15%
The debt crisis in Europe has been managed badly by European political leaders
Don’t know: 18%
Methodology: ComRes interviewed 2019 GB adults online between 5th and 8th August 2011. Data were weighted to be demographically representative of all GB adults. ComRes is a member of the British Polling Council and abides by its rules.