Financial confidence falling, research says

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The 'Big Money Index' research, carried out for Axa by YouGov, found that those feeling financially confident dropped from 23% to 16% in the year between the first quarters of 2010 and 2011.

Insurance cover remained high across all groups although a small number of consumers said they would be prepared to take a few risks.

A total of 8% of the near 2,000 respondents agreed that they would be happy to scrimp on insurance and take the risk of being uninsured in order to cut costs.

In London and

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