Millions Stress About Finances 'Every Day'

By Poppy Trowbridge, Consumer Affairs Correspondent

In the UK, 18.1 million people feel stressed about their finances every day, according to new research seen by Sky News.

Financial worries are even greater than concerns over health, or even job security, the data from MoneySuperMarket shows.

In a poll of 2,005 British adults, 19% said it is their current financial situation which is the main cause of stress, and a further 17% say it is their future financial situation.

Only 13% say they are most stressed out by their health, and 11% by their job.

Clare Francis, editor-in-chief at MoneySupermarket, said: "Anxiety about money is on the rise for many adults.

"We've experienced a difficult economic climate in 2013, with the cost of living rising, interest rates remaining low, rents remaining high, and wages remaining the same.

"Unfortunately, I expect that the New Year will be just as tough."

The Organisation for Economic Co-operation and Development's recently upgraded their estimates for UK growth to 1.4% this year and 2.4% next year, higher than its previous 0.8% and 1.5% forecasts.

Despite this, nearly 75% of those surveyed believe their money stress will get worse next year.

According to the research, 52% of adults said they frequently or occasionally worry about the state of their finances, with women worrying more than men.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

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