55% expect less cash after Budget

AOL Money Staff

Empty pocket
Empty pocket

More than half of people believe this week's Budget will leave them with less cash in their wallets, with those in their middle years predicting they will be particularly badly squeezed, research has found.

Some 55% of people are forecasting that their spending power will be curbed after Chancellor George Osborne delivers his Budget on Wednesday, and just one in 16 (6%) of consumers expect to be better off, Lloyds TSB found.