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Survey reveals expectation of less disposable income
28 May 2008
More than one out of every three Britons expect to have a reduced disposable income, it has been claimed.
34 per cent of adult Britons believe that they will have less money to spare over the next two quarters, data from Alliance & Leicester has revealed. It`s particularly worrying news for people whose finances are already stretched to the limit - many of them may need to consider a debt solution, such as a management plan or a debt consolidation loan.
However, a total of 55 per cent of Britons have confirmed they`ve already taken action to improve their overall levels of financial health
"It is encouraging to see people are making positive changes to their spending and budgeting habits," said Emma Walkley, current account manager at Alliance & Leicester, an organisation with a history going back to 1997.
"This will hopefully stand them in good stead should they see their disposable income affected over the forthcoming months."
It was also identified by Alliance & Leicester that 79 per cent believe the reduction in spare cash is a consequence of cost increases in a number of areas, such as fuel prices, food and household bills.
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