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Loan charges: Economic crisis has 'boosted levels of stress'

The financial crisis has caused more and more Brits to suffer from stress, according to new research.

Life insurance and pension provider Friends Life found that a third (32 per cent) of workers in Britain have called in sick to work due to stress, with more than half (52 per cent) doing so in the last year.

The report, which coincides with National Stress Awareness Day on November 7th, revealed that the main cause of stress is money, impacting 36 per cent of respondents through problems such as loan charges. This is followed by work (25 per cent) and relationships (16 per cent).

Nearly half (48 per cent) said they have experienced more stress since the recession hit in 2008, with 49 per cent concerned with their job security.

"There is still much work to be done to ensure that stress caused by the working environment is recognised as a serious condition that impacts on the wellbeing of the individual and the productivity of the company," said David Williams, director of Group Protection at Friends Life.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.ADNFCR-2776-ID-801482918-ADNFCR

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