62% of Brits confident about finances despite Brexit uncertainty

Brexit Finance Voucher Codes
// 62% of Brits confident about personal finances despite uncertainty around Brexit
// 56% concerned about household bills
// VoucherCodes survey results show Brits more likely to spend on experiences this year

Two-thirds of Brits of are confident on finances for the year ahead despite concerns about food prices and household bills in the run-up to Brexit.

According to a poll by online discount retailer VoucherCodes, which surveyed 2004 adults from December 28 to January 2, 62 per cent said they were confident about their personal finances, and 29 per cent believe their outlook will improve this year.

Meanwhile, 56 per cent of people were concerned about household bills while 50 per cent were uncertain about the effects of a deal or no-deal Brexit.

Some 38 per cent are prioritising spending on holidays this year, and 16 per cent want to pay off personal debt.

VoucherCodes predicts consumer spending on non-essential food and drink, such as dining out, expensive grocery shopping, drinking out and takeaway coffee will decline this year, with almost 24 per cent planning to spend more on experiences.

The average Brit is planning to save £250 per month in 2019, up seven per cent from £233 last year, according to the results.

“Despite wider political and economic events understandably making Brits take a more cautious approach to their spending,” VoucherCodes marketing director Jimmy New said.

“It’s great to see 62 per cent of the nation are still feeling confident about their finances as we settle into the new year.”

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