UK investors among the most worried in Europe
Nearly nine out of 10 UK investors are concerned about looming financial problems, making it one of the most worried countries in Europe.
New research from the Schroders European Wealth Index reveals that 88% of investors are expecting financial issues to cause them concern over the next year, with inflation and growth cited as two of the most pressing matters.
Only Italy has a higher concentration of worried investors, as 91% registered concerns. The UK is on a par with Spain, where 88% also said they are worried about what the next year will bring.
The top concern for European investors is the potential impact of rising taxes and austerity measures, cited by 24% of respondents. While 27% of UK investors feel the same, the impact of inflation on the general standard of living is most frequently cited, by 33% of respondents.
In addition to inflation, taxes and austerity measures, UK investors are primarily concerned with achieving meaningful growth in their investments, general economic instability and deciding what areas of lifestyle to cut back on.
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