The document presents the results of a consumer confidence survey conducted by Ipsos in the UK from July 15-19, 2016 following the EU referendum. The survey found that 57% of respondents expected their financial situation to remain about the same over the next six months, while 18% expected it to get stronger and 24% expected it to get weaker. Additionally, over half of respondents expected to not change the amount they put into savings over the next six months, while 16% expected to increase savings and 16% expected to decrease savings.
2. 2
About the same
Stronger
Weaker
57%
18%24%
Looking ahead six months from now, do you expect your financial situation to be much stronger,
somewhat stronger, about the same, somewhat weaker, or much weaker than it is now?
Base: 1,124 online adults aged 16-75 across the UK. Interviews conducted online, from 15th-19th July 2016
Prospects for personal financial situation
3. 3
Still thinking about your personal financial situation over the next six months.
How concerned, if at all, are you about each of the following over the next six months?
Base: 1,124 online adults aged 16-75 across the UK. Interviews conducted online, from 15th-19th July 2016,
“Your job prospects” base= n702 all in work
3% 3%4% 4%
25%
26% 22%
32% 32% 34%
25% 26% 28%
12% 12% 11%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Your job prospects Your ability to pay bills Your ability to buy things you're used to
Very concerned Fairly concerned Not very concerned
Not at all concerned Don't know Not applicable
Concern about making ends meet?
4. 4
Over the next six months, do you expect to increase the amount of your income you
put into savings, reduce the amount you put into savings, or will it not change?
16%
51%
13%
16%
4%
Increase
Not change
Reduce
I don't make any savings now and
won't over the next six months
Don't know
Base: 1,124 online adults aged 16-75 across the UK. Interviews conducted online, from 15th-19th July 2016
Savings expectations
5. 5
As you will know, on June 23rd the UK voted to leave the EU in the referendum. Think about the impact the EU
referendum result may have had on any big spending decisions you may have had planned for the next six
months. These might be, for example, buying a car, going on holiday, moving house and so on. Which of the
following statements, if any, apply to you?
66%
5%
5%
16%
9%
I haven't had any big spending decisions planned for the
next six months
I had a big spending decision planned for the next six
months but have cancelled it since the EU referendum…
I had a big spending decision planned for the next six
months but have delayed it since the EU referendum…
I have a big spending decision planned for the next six
months and will be going ahead as planned
Don't know
Base: 1,124 online adults aged 16-75 across the UK. Interviews conducted online, from 15th-19th July 2016,
“Your job prospects” all in work= 702
Impact of Brexit on big spending decisions