the real depression

Depression and mental illness will increase as millions struggle to cope with debts and money problems during the economic downturn, according to a study. People who owe money are more likely to suffer from psychological problems, the study from the Nottingham School of Economics found.

Professor Richard Disney, who carried out the study with Dr Sarah Bridges said "The credit crunch has undoubtedly increased the risk of debt problems, as figures on mortgage arrears and repossessions show. In such circumstances it's no surprise that the incidence of mental health problems and psychological stress has also increased...."

A recent report by mental health charity Mind has also shown the risk of unemployment and hardship has led to a sharp rise in depressive illness.