Member Article

Has Brexit caused North Easterners more worry about our financial futures?

New research from insolvency and restructuring trade body R3, along with ComRes, has found that slightly more North East adults are about their future financial well-being following Brexit.

Around one in six (16%) adults across the region think their personal financial situation will worsen over the next six months, compared to 11% in September last year, which was the first time R3 had carried out the survey since the referendum result was confirmed.

With 23% of respondents believing their finances will improve in the coming six months being almost identical to pre-referendum results of 22%, the research suggests that people feel uncertain as to whether Brexit will bring about better or worse opportunities.

The figures for the North East are roughly in line with the national average; a quarter (25%) of British adults think their personal financial situation will improve in the next six months while a fifth (19%) think it will worsen.

Across Great Britain as a whole, adults located in the West Midlands hold the highest levels of pessimism (25%) about their personal finances in the next six months.

With this is mind, we want to know how you feel.

As we approach the year mark since Britain’s decision to Leave the EU we’re interested to hear whether you feel the decision will better or worsen your financial state. Why? Has your opinion changed in the last 11 months? If the vote was to repeat tomorrow, would you maintain your original stance?

Why not share your views with us in the comments section below?