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UK mental health improves but one in four still feel isolated – LV=

by Graham Simons
07 July 2021
Axa Global Healthcare launches Mind Health service
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Feeling of loneliness and isolation appear to be starting to dissipate among UK adults, according to research from LV=.

The insurer’s latest Wealth and Wellbeing Monitor for June 2021 found that mental health issues were beginning to improve, with 24% recorded as feeling lonely and isolated, compared to 31% in March of this year.

Fears about getting Covid-19 were declined too, with 17% worried about contracting the virus compared to 23% in March.

Worries about money among the more than 4,000 adults surveyed eased with 27% harbouring financial concerns, compared to 30% previously, while the number of people who had booked a holiday in the last three months rising to 16% from 8%.

The survey also found 28% of those surveyed planned to do more socialising.

Commenting on the findings, Clive Bolton, managing director of savings and retirement at LV=, said: “The Covid pandemic has been incredibly difficult for the nation and had a huge impact on the lives, personal finances and mental health of millions of people.

“However, the success of the vaccine programme, the fall in death rates and the gradual easing of lockdown restrictions is lifting spirits. The economy is proving more resilient than many expected and those who predicted a swift recovery look like they might be proved right.

“Confidence is returning as a growing number of people say their income has increased over the past three months and, as lockdown eases, they are saving less and spending more on socialising. This is good news as it indicates that the UK could experience a stronger recovery when lockdown restrictions are eased and life begins to return to normal.”

 

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