Belfast Telegraph

UK Website Of The Year

Economic gloom pervades UK

By Graeme Evans

Published 30/08/2011

Britons are among the most pessimistic in the world about their country's economic prospects, it has been revealed.

Just 9% of respondents in the Ipsos MORI survey expect an improvement in their economy in six months' time, a figure only beaten by the French with 3%.

Of the other G8 countries, people in Canada, Germany and the United States are the most optimistic, although even in these countries no more than a quarter believe there will be a strengthening in their economy.

The responses to the 24-nation online poll cover July, when figures showed the UK economy grew 0.2% in the second quarter of 2011. Sovereign debt worries in Europe were also building while American politicians struggled to reach a deal on the country's budget deficit. At 10%, the citizens of Japan, Hungary and Belgium were almost as downbeat as the UK, while Spain and Italy, where borrowing costs have risen on fears over debt repayments, posted 18% and 13% respectively.

The 9% figure for the UK compares with 22% in May 2010 and 14% in the previous month.

A question asking respondents to assess their country's performance showed 10% viewed the UK economy as "good".

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph