Poll: Majority believe economy will worsen over next 12 months

53 per cent of the public believe the economy will worsen over the course of the next year - with only a quarter confident it will improve, according a new poll.

Fifty three per cent of the public believe the economy will worsen over the course of the next year – with only a quarter confident it will improve, according to the January’s Ipsos MORI Political Monitor. The headline voting intention figures reveal more bad news for the Conservatives, showing them down five points on 33 per cent, with Labour up four on 43 per cent and the Liberal Democrats up two on 13 per cent.

The economic optimism index, those who believe the economy will improve minus those who say it will get worse, now stands at -29 – the lowest for two years. A fifth of those polled say the economy will stay the same.

There was slightly better news for the government from people’s long term view of how the economy will fare, with 49 per cent agreeing that, eventually, their policies will improve the state of Britain’s economy – up one point since October – against 43 per cent who say the opposite.

The net long term confidence index, however, fell to just +6, continuing the downward trend since the election; in June, the figure stood at +32, in September it was +21, and in October it was +9.

When it comes to the party leaders, Ed Miliband has the highest net satisfaction rating, at 0, with David Cameron’s net satisfaction rating -14 and Nick Clegg’s -23, while among their own supporters, the prime minister is the most popular, on +65, followed by the Leader of the Opposition on +36 and the deputy prime minister on only +9 – just 48% of Liberal Democrat supporters are satisfied with him, against 39% who are dissatisfied.

On public services, a majority of those polled (59%) disagree that the government’s policies “will improve the state of Britain’s public services” – a 10-point increase from October, when just under half (49%) thought so. Less than a third now believe the government’s policies will improve public services, down from just under two-fifths three months ago.

IPSOS-Mori-Future-of-public-services-poll-27-01-11
Ipsos MORI interviewed 1,162 adults across the country by telephone from January 21 to 24; the data was weighted. All the charts can be viewed here.

10 Responses to “Poll: Majority believe economy will worsen over next 12 months”

  1. Watching You

    RT @leftfootfwd: Poll: Majority believe economy will worsen over next 12 months: //bit.ly/hSj7uY reports @ShamikDas

  2. Benjamin Titmus

    RT @leftfootfwd: Poll: Majority believe economy will worsen over next 12 months: //bit.ly/hSj7uY reports @ShamikDas

  3. Matthew Rhodes

    RT @leftfootfwd: Poll: Majority believe economy will worsen over next 12 months: //bit.ly/hSj7uY reports @ShamikDas > ho hum….

  4. Jeff Mowatt

    Interesting to see your article today about an alternative to capitalism. You’ll see in my website link that this was something pitched at the US President in 1996 and led to more than a decade of practical application beginning with a microfinance initiative in Russia. In 2008 the concens which had been expressed about capitalism 12 years earlier were to be realised.

  5. Mr. Sensible

    The government is beginning to lose the argument.

  6. Kevin Richards

    Since October the publics concern grows RT @leftfootfwd: Poll: Majority believe economy will worsen over next 12 months //bit.ly/fvzWXa

  7. Éoin Clarke

    Shamik,

    The best piece of polling news on the economy this week occurred in a YouGov polls. The trust in Ed Balls and Ed Miliband to deliver on the economy was 27% exactly the same as GO/DC. IT is the best polling determinent there is on economic matters. The 27% is an improvement on Alan Johnson who was 7pc behind GO in turst on the economy…

    For a shadow chancellor to reach a figure of 34%, which must be Balls target, woud be an exceptionally good omen for a future electoral victory. GB/AD hit about 31% in March I think.. So Ballsy’s two hurdles are first 31%, and then 34%..

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