Uncertainty about money leads people to stop spending, reducing overall demand and growth. Our new household financial stress index suggests that there are considerable differences between UK regions in their levels of financial stress. Wales and the North East have suffered the highest levels of household financial stress since the recession began, with London the East and the South East suffering the least.
Have you thought about how your business plans can be tailored to these regional differences in financial stress?
Read the full article for more details of this analysis.