Belfast Telegraph

UK Website Of The Year

Half of voters expect UK economy to deteriorate, survey reveals

Almost half of voters think the UK economy will get worse over the next year, according to a new survey.

Some 47% of those questioned by Ipsos Mori said they expected the economy to deteriorate, compared with 26% who thought it would improve.

The overall economic optimism score of minus 21 is the third-worst recorded in the monthly index since March 2013.

But with a week to go until Philip Hammond's Autumn Statement, the public appears happier with the Government's handling of the economy, with 51% saying it is doing a good job, and 30% a bad job.

Almost four out of 10 (39%) were satisfied with the Chancellor's performance - 12 points higher than predecessor George Osborne's last rating - while fewer than three in 10 (28%) were dissatisfied.

Almost half (46%) preferred Mr Hammond to his Labour shadow John McDonnell (28%) as best Chancellor.

Looking back at Mr Osborne's legacy, 49% of those questioned said his economic policies were bad for the country, against 40% who said they were good.

A third (33%) believe the Government should continue trying to cut the national deficit by reducing expenditure, against 31% who think spending cuts were necessary in the last Parliament but are no longer needed and 27% who think it was never right to decrease public spending.

:: Ipsos MORI interviewed 1,013 adults between November 11 and 14.

Popular

From Belfast Telegraph