Five million UK adults hard hit by economic climate
Over five million adults have been hard hit by an economic downtown that is on the brink of officially becoming a recession, according to new consumer research from Mintel.
This figure translates to one in every ten British adults, with research suggesting that this number will increase. An additional 16% have claimed they are worried about their long term financial security.Toby Clark, head of financial research at Mintel, said: "So far, most people are coping fairly well with the downturn. But for an unfortunate few the slowing economy is already causing them real financial problems.
Additionally, more than half the population have been coping financially, but
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