People 'concerned about rising crime' amid economic downturn
Personal insurance
26th March 2009
A proportion of people under the age of 34 (12 per cent) are concerned that the economic downturn will result in an increase in crime, new research has found.
According to a survey by Lloyds TSB, the recession is also leading to fears about rising unemployment (33 per cent), an inability to pay off existing debts (16 per cent), a weakening economy (13 per cent) and low interest rates (12 per cent).
Corinne Sweet, a psychologist and the author of a book about how cash problems can affect a couple's relationship, said that when money is tight, people experience fear and anxiety.
"Recession novices will be feeling the greatest shock and worrying about how to maintain their lifestyles while paying off debts, while those that have lived through it before will probably cope better," she commented.
Yale UK recently claimed that sales of home security products have soared over the last month, the Birmingham Post reported.
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