Research could indicate a future rise in international payments

An increasing number of Brits may consider making international payments to move abroad due to a decline in the standard of living in the UK.

Scottish Provident's High Wire Britain report recently revealed over 20 per cent of Britons believe the quality of life in the UK is set to lower in the next ten years.

The study also found that a quarter of citizens think living standards are lower today than they were 25 years ago, despite households having twice as much money these days.

Susan Barclay, head of marketing at the firm, explained the economic downturn is having a significant impact on how Brits view their quality of life.

"What is worrying though is the level of gloom with the majority of people saying they don't see an improvement in their standard of living for at least ten years," she said.

In other news, travel guide Lonely Planet recently highlighted India as an affordable living destination due to its favourable foreign exchange rate.

Click here to make an International Money Transfer.

By Linsey Summers