- Brexit ranks a lowly sixth in a new survey of UK consumer concerns, according to a new Deloitte survey.
- Across all respondents, 53% said they were concerned about Brexit, less than the figure concerned about the state of the NHS (85%), the environment (64%), and funding for retirement (54%).
LONDON – Brits seem to talk about little else besides Brexit, which makes it surprising that the issue ranks a lowly sixth in a new survey of UK consumer concerns.
The latest Deloitte Consumer survey found UK consumers are more worried about issues linked to Brexit – including inflation (ranked fourth) and the health of the economy (ranked second) – than they are about leaving the EU itself.
Across all respondents, 53% said they were concerned about Brexit, less than the figure concerned about the state of the NHS (85%), the environment (64%), and funding for retirement (54%). 68% of consumers said they were concerned about the health of the economy, and 56% said they were concerned by rising inflation.
The survey also illustrated the gulf between Remain and Leave voters in terms of their expectations of price rises:
On average, there was a 40% gap between the proportion of consumers who voted Remain and Leave which expect prices to rise.
David Noon, UK & global Brexit lead at Deloitte, said: “Brexit ranks low in terms of consumer concerns, in contrast to our recent CFO Survey, which found that Brexit was considered the number one risk for business.
“With March 2019 drawing closer, continued uncertainty could weigh heavier on consumers and so it is reassuring to see that discussions around the UK’s financial settlement appear to be concluding as it is crucial that we enter the next phase of the negotiations as quickly as possible,” he said.
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