New figures from Alliance & Leicester's Wealth Tracker Index show that 27% of people in the UK are e...
New figures from Alliance & Leicester's Wealth Tracker Index show that 27% of people in the UK are expecting job losses to impact on their wealth in the next three months, and that most are still managing their money in a responsible manner.
Consumers surveyed also say they are going to work harder to clear debt and are more likely to put off holiday plans.
Debt is already being cleared, however, and the survey suggests that debt is having less of an impact on people's finances than it was earlier this year.
There are some interesting differences between male and female expectations for the economy, the bank says.
Nearly a third of men feared for their job prospects in the next quarter, compared to a quarter of women.
And regional differences expose significant underlying problems caused by the two-speed economy: 43% of people in the Northwest are concerned about job losses in industry, significantly up on the 27% figure reported from the Wealth Tracker survey carried out three months ago.
In the Southeast more people are more concerned about the impact of the falling stock market than the national average, while people in East Anglia are more concerned about retail spending, and those in the North more concerned about debt.
Flooding in Yorkshire has caused an increase in the number of people saying they want to take a holiday to get away from it all, the survey says.
Overall, the figures suggest job loss fears are abundant, but that most Brits are taking steps to manage their money responsibly, Alliance & Leicester says.
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