According to a survey published by Gfk NOP Ltd, the majority of the surveyed respondents had gloomy expectations for the outlook for the UK economy.

Fifty-eight of the respondents expected that the economic conditions are likely to worsen before they improve, while only 24% expected improvement when asked about the current economic conditions.

The data was posted on the researcher's website yesterday regarding the survey conducted online June 24-28 for 1,000 adults.