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Scars from the last crash: Most people fear a another bout of austerity is coming

Charlie Weston


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Latest figures show that, due to the pandemic, more than 1.26 million workers are now relying on the State for all or part of their income. Photo: Brian Lawless/PA Wire

Latest figures show that, due to the pandemic, more than 1.26 million workers are now relying on the State for all or part of their income. Photo: Brian Lawless/PA Wire

PA

Latest figures show that, due to the pandemic, more than 1.26 million workers are now relying on the State for all or part of their income. Photo: Brian Lawless/PA Wire

Most people expect austerity measures to be introduced by the next government, despite promises of no income tax rises.

A question asked as part of the latest Consumer Confidence Index shows that 86pc of people anticipate a new round of tax hikes and charges, along with spending cuts, to be put in place.

The KBC Bank confidence index is up a bit in May due to the easing of the lockdown but is still near record lows.