Brits pessimistic about future standard of living

clock •

Britons are more pessimistic about their standard of living improving than they were five years ago, research suggests.

According to Scottish Provident's latest High Wire Britain survey, which investigates consumers' lifestyles and attitudes, one in five (21%) people believe their standard of living is likely to decline over the next 10 years. This compares with just 14% of people when asked the same question five years ago. However the mood varies among the regions, with those situated in London and the North East proving the most optimistic about the future - with over half in each region expecting their standard of living to improve. Those in Wales are the most pessimistic, with just 29% of resp...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Women in Financial Advice Awards 2026: Photo highlights from the night

Women in Financial Advice Awards 2026: Photo highlights from the night

Celebrating the best women in advice and financial services

Professional Adviser
clock 06 November 2026 • 1 min read
Feel Good Friday: Rathbones donates £35,000 to London Youth

Feel Good Friday: Rathbones donates £35,000 to London Youth

Youth Work Week

Professional Adviser
clock 06 November 2026 • 1 min read
Women in Financial Advice Awards 2026: Winners' gallery

Women in Financial Advice Awards 2026: Winners' gallery

Championing women in advice and financial services

Professional Adviser
clock 05 November 2026 • 1 min read