Table of Contents
Consumers’ Response to the EU Referendum Result
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- What you need to know
- A remarkable rise in positivity over Brexit
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- Figure 2: Level of concern over the impact of the EU referendum, July 2016-May 2021
- Four in 10 now predict a Brexit dividend for the economy
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- Figure 3: Consumer views on the impact of the EU referendum, May 2021
- Prices and unemployment still raise concerns
Current Financial Situation
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- What you need to know
- Financial wellbeing continues to rise
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- Figure 4: The financial wellbeing index, January 2015-May 2021
- 80% describe their finances as healthy or OK…
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- Figure 5: "How would you generally describe your financial situation at the moment?”, May 2021
- … but unskilled workers are missing out
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- Figure 6: Current financial situation, by socioeconomic group, May 2020 vs May 2021
Changes in Financial Situation
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- What you need to know
- Assessment of changes in finances returns to pre-COVID levels
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- Figure 7: Changes in household finances, January 2015-May 2021
- Consumers are feeling better off again
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- Figure 8: "How does your own financial situation compare to how it was a year or so ago?", May 2021
- Almost half of higher earners feel that their finances have improved
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- Figure 9: Changes in household finances, by household income, May 2021
Financial Confidence
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- What you need to know
- Confidence reached an all-time high in April…
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- Figure 10: The financial confidence index, January 2015-May 2021
- … while more people than ever were pretty confident in May
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- Figure 11: "And how do you feel about your financial situation over the next year or so?", May 2021
- Gen Z most likely to be worried about the year ahead
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- Figure 12: Financial confidence for the year ahead, by generation, May 2021
Planned Financial and Spending Activity
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- What you need to know
- Planned financial activity at a post-COVID high as lockdown is eased
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- Figure 13: The financial activity index, January 2015-May 2021
- Travel bookings rise with the reopening of the tourism sector
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- Figure 14: "Which of the following have you done over the last 3 months? And which do you plan to do over the next 3 months?", May 2021
- Lifting lockdown immediately benefited retailers; leisure and hospitality are next
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- Figure 15: Actual and planned financial activity relating to leisure and hospitality, by age, May 2021
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