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Business leaders have been urged to be on the lookout for signs of 'recession depression' among workers.
Coming as the government announced that an extra £13 million will be made available to local health authorities in a bid to reduce redundancy-related depression, the Priory Group has reported a marked increase in the number of worried professionals seeking help.
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In particular, a rising fear of possible unemployment, combined with mounting dents at home, is leading growing numbers of people to become stressed, with both businesses and the medical profession urged to 'act quickly' to prevent the problem getting even worse.
Dr Jeremy Broadhead, medical director and consultant psychiatrist for the Priory chain of clinics, noted: "Money worries don't just keep people awake at night; they can cause stress, depression and in more extreme cases self harm and suicidal thoughts."
According to official data, around 15 per cent of UK adults suffer from depression at least once in their lives, with the condition costing businesses millions of pounds each year as a result of lost work days.
Source: Managers.org.uk
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