27-04-2025
UK's economic confidence lower than in crash, Covid or winter of discontent
Confidence in Britain's economy has fallen to the lowest level ever recorded, below the global crash, Covid pandemic and winter of discontent, according to a poll.
The Ipsos Economic Optimism Index (EOI) has been recording net economic optimism in Britain since 1978.
According to the latest poll, carried out between April 2 and 8, 75 per cent of Britons expect the economy to get worse over the next 12 months and just 7 per cent think it will improve.
This equates to a net score of –68 points, taking into account the 13 per cent who think economic conditions will remain the same and the 5 per cent who don't know.
This is lower than levels seen during some of the most challenging economic periods
