Financial outlook gloomy, say Brits
People in the UK predict that the credit crunch will continue into next year.
A survey conducted recently revealed that the majority of Brits are gloomy about the financial outlook for the next few years.The poll, conducted by the Nottingham building society, found that 80 per cent of Brits believe that the credit crunch will continue until the end of 2010, despite the government's efforts to ease the flow of credit.
At the same time, nearly one in five people under the age of 45 told the building society they are becoming increasingly concerned about their employment prospects.
The Nottingham's Lorraine Giddings said: "Not knowing what the future holds is a significant cause for concern for many people, particularly those aged under 45."
According to official figures released recently by the Office for National Statistics (ONS), nearly two million people in the UK are currently unemployed.
The ONS discovered that 146,000 people have become unemployed in the last three months.
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