The latest ITV News Index published on 14 November 2011.
Date Published: 14 Nov 2011
Categories: Economy | Politics | Public and communities | UK
COMRES/ ITV NEWS POLL: FEAR OF ANOTHER RECESSION AT ALL TIME HIGH
The latest Index poll results, conducted by ComRes and to be broadcast on ITV News at Ten tonight, reveal that an overwhelming majority of the public, 85%, believe that the UK economy is in danger as a result of the debt crisis in Europe. Additionally, two thirds of the public (66%) agree that that UK is on course for another recession, which is the highest figure recorded since the Index began thirteen months ago.
66% of the British public believe the UK is on course for another recession – a record high since the tracker began back in October 2010. 9% disagree and 25% say they don’t know. Thirteen months ago, a much smaller percentage (38%) agreed that the UK was on course for another recession.
Three in four (73%) are worried that another recession would have a severe impact on them and their family and in anticipation of this second recession, 59% are already cutting back on spending. Just 13% say they would not expect to be affected if the UK economy goes back into recession.
85% believe that the UK economy is in danger as a result of the debt crisis in Europe. A tiny 4% disagree and 11% are not sure. Concern has risen since this time last month.
Almost four in five (79%) agree that the current situation in Italy shows that the EU has failed to find a solution to the European economic crisis. Just 5% disagree with this and 15% don’t know. Following on from this result, three quarters of the British population (76%) think the debt crisis in Europe has been managed badly by European political leaders.
Three quarters of the public (74%) are facing up to the reality that in a similar vein to Greece, Ireland and Portugal, Italy will need to be bailed out too. 62% think that the financial crisis affecting Italy and Greece shows that the Euro was a bad idea in the first place. 17% disagree.
While 60% do agree that it’s in Britain’s interest to see that the Eurozone prospers, a larger majority of 77% believe that the crisis shows the UK was indeed right to stay out of the Eurozone.
On a personal level, three in four (73%) are worried that the debt crisis in Europe will negatively affect their lives for the next few years, while just 9% disagree.
Finally, just one in five (18%) believe that Britain should contribute more money to help solve the Eurozone financial crisis, if it would help avoid another recession. Three in five (60%) disagree with this sentiment.
ComRes interviewed 2046 GB adults online between 11th and 13th November 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.