Britons fear hard year ahead amid austerity cuts: poll

Image
Press Trust of India London
Last Updated : Jan 20 2013 | 1:37 AM IST

Two-thirds of Britons believe the economy will fare badly in 2011 as harsh austerity cuts designed to tackle a record deficit begin to bite, a poll showed today.

One in five also said they could see themselves being involved in demonstrations against the spending cuts introduced by the government.

The findings in the survey for The Times newspaper highlight fears of a bleak year ahead in Britain, where the recently formed Conservative-Liberal Democrat coalition government is seeking to make huge savings.

The government, formed after inconclusive polls in May, unveiled the harshest spending cuts for decades in October aimed at eliminating Britain's record 154.7-billion-pound ($238 billion) deficit.

Nearly half a million public sector jobs are expected to go over four years as a result of the savings with most government departments facing average spending cuts of 19 per cent.

Today's survey, carried out by pollster Populus, showed two-thirds of people believe they will have less spending money in the coming year and a high number of people expect to fall behind with some bills.

Thirty-eight per cent of people quizzed predicted they would struggle to pay all their household bills on time, according to the poll.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 27 2010 | 9:45 AM IST

Next Story