Brits kept awake by debt worries
Brits kept awake by debt worries
Monday 30th June 2008
In a poll conducted by budget hotel chain Travelodge, 75 per cent of those surveyed said that financial worries are causing them to get less than the recommended eight hours of sleep per night.
Among the professions in which sleep levels were being impacted upon most markedly were taxi and lorry drivers - both of which have been hit hard by soaring petrol prices.
Leigh McCarron, the hotel chain's director of sleep, said: "We all know that money worries and job security are key drivers of stress which in turn, leads to significant sleep loss.
"But letting the credit crunch keep you awake is a vicious circle. Although you may fret about your job and have financial worries, losing valuable hours of sleep will impact on your well-being and productivity."
News of the study's findings comes as figures released last week showed that more and more Britons are turning to debt management solutions as economic conditions continue to worsen.
Research undertaken by TDX Group found that between January and May there was a 32.3 per cent increase in the number of Individual Voluntary Arrangements (IVAs) taken out by consumers compared with the same period last year.
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