Brits stocking up for Brexit

Three in 10 Brits – 15 million – are making specific preparations for Britain’s withdrawal from the EU, says new research from personal finance comparison site, finder.com. The most common plan is to stock up on groceries, with one in 10 (10 percent) saying they will do this ahead of Brexit. Similarly, five percent will also buy presents for Christmas and birthdays before the leaving date.

Not everyone will spend more in preparation for Brexit though, as nearly one in 10 (nine percent) of Brits are already spending less on non-essential items due to worries over how their disposable income will be affected. Generation Z are the most likely to make changes ahead of Brexit. Brits aged 18-24 are the busiest generation when it comes to making plans for Brexit, with over four in 10 (43 percent) of generation Z planning to take action ahead of Britain’s exit from the EU. Over one in seven (13 percent) of generation Z plan to cut down on essentials ahead of Brexit, while over one in 10 (11 percent) plan to stock up on presents. In contrast, baby boomers are the least likely to make preparations, with 81 percent claiming they won’t take any specific actions ahead of Brexit.