Research gathered by the local authority’s in-house resident panel from October showed more than half of residents feel their financial circumstances have worsened.

More than one-in-five of those currently employed expressed worries about losing their job within the next 12 months, it added.

“While Surrey’s economy is performing well overall, our residents are not exempt from issues facing the whole of the UK,” said Matt Furniss, SCC cabinet member for highways, transport and economic growth.

“These findings show that many of our residents are being directly impacted by challenges such as the cost of living, unemployment or health issues,” he continued.