National Well-being

The Office for National Statistics published their Measuring National Well-being Self reported financial situation, 2013.  It highlighted that in 2009–10 and 2010–11, 57% of those aged 16 and over in the UK were relatively satisfied with their household income: satisfaction with income varied from about 58% to 66% between 2002 and 2008.  However 11.5% of people aged 16 and over reported that they were finding their financial situation quite or very difficult in 2010–11 a slight decrease compared to 12.4% in 2009–10.  In 2010–11 about a fifth (19%) of respondents reported that they expected their financial situation to get worse in the next year, while a quarter (25%) expected it to get better.