ITV News Cuts Index 26 August 2011
Date Published: 25 Aug 2011
Categories: Economy | Politics | Public and communities | UK
The ITV News/ ComRes Cuts Index shows the most pessimistic figures for the national economy since the Cuts Index started in October 2010. More than 60% disagree that things in this country are generally heading in the right direction and 63% of people expect there will be another recession in the next year. Moreover, 69% of the British public now thinks that the state of the UK economy has got worse over the past three months (new record and up from 38% on October).
People say they are cutting back their spending now, because they think there will be a second recession soon; they disagree that the national economy is getting stronger and are concerned about the financial markets.
Do you agree or disagree with each of the following statements? (%)
If the British economy doesn't pick up very soon, the Government should reconsider its planned programme of spending cuts
Don’t know: 17%
I expect there will be a second recession in the next year
Don’t know: 24%
I am cutting back my spending now, because I think there will be a second recession soon
Don’t know: 15%
When I hear about falls in the stock market, I become more worried about my personal financial situation
Don’t know: 17%
I am not concerned about how the state of the financial markets affects the UK economy
Don’t know: 12%
From my personal experience, I think the national economy is getting stronger
Don’t know: 21%
Methodology: ComRes interviewed 2026 GB adults online between 19th and 21st 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. Full data tables available at www.comres.co.uk.