The "bleak" reality: Brexit crippling the North West with 21% of people in "worst financial position of their lives"
“The Brexit limbo is negatively affecting Brits and their financial situation," said Dr Roger Gewolb, Executive Chairman of FairMoney. "Many of us just need some degree of certainty so we can adequately plan for the future; the research shows a bleak picture of personal financial situation, and I urge politicians from all sides to come together for the good of our bank balances."
With 40% of those in the North West admitting they do not understand how Brexit will affect household bills, official's dire warnings over what is to come seems bleak, although the root of the issue appears to be a lack of appreciation of how individuals themselves will be affected, with FairMoney finding that 40% in the region would care more about negotiations if they knew how they would impact their bills.
But, with over half of Brits (53%) saying that their average disposable income per week is less than £0, meaning that they are building up personal debts, throwing the country into times of financial and economic uncertainty appear imprudent, with uncertainty in business affecting jobs and communities that rely on one or two major industries or employers.
