Insight

State of the Nation: Wave Three

The events leading up to 2024 have shaped the financial landscape of the UK. Increased inflation and interest rates have led to a cost-of-living crisis that has gripped consumers and changed the way we think, behave and manage our finances. Investments and businesses have also felt the impacts of these changes as rising costs hit their bottom line.

The third quarter of this year has seen the introduction of a new Labour government and the lead up to the first Labour budget in 14 years. Has the change of government impacted the way UK adults view they’re current and future financial situations?

Opinium have launched the third wave of the State of the Nation report, continuing to track financial attitudes and behaviour of consumers, investors, and financial advisers across the UK. We also captured the adviser view of the upcoming October budget, including opinions on the current level of taxation, the need for tax rises/reduced spending, and potential concerns over the Labour government and what it may announce.

Research will be conducted quarterly, providing insight into the changing thoughts, aspirations, concerns and behaviour of these key groups.

Access the full report below: