
Business / markets
Would you choose £50,000 over the chance of £1m?
Core point
A YouGov survey of thousands of people found that the vast majority would choose £50,000 over a chance at £1 million. Women were more likely to opt for the guaranteed £50,000, with 82% in favor compared to 63% of men. Younger people, specifically those aged 18 to 24, were more willing to take the risk for £1 million than any other age group. The survey results have sparked a debate about the financial and psychological factors influencing risk aversion among Brits compared to Americans.