Britons scaling down holiday plans

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But the ComRes survey also showed a surprising degree of optimism that the economy will start showing signs of improvement soon.

The poll appeared to confirm the trend of recent surveys which have shown Labour inching slowly back in the race to win the next General Election.

Published in the Independent on Sunday, the poll found 39% were expecting the economy to show signs of improvement soon, with 58% disagreeing.

The poll also found 41% of voters would vote Tory (down three points from a poll by the same company at the start of this month) against 30% for Labour (up two) and 17% for the Liberal Democrats (unchanged).

The 11-point Conservative lead is in line with most other polls over the past month, but slightly down on the 12-16 point advantage Mr Cameron was recording in January and February.

Some 48% of those questioned said Mr Cameron had what it takes to make a good Prime Minister (up two points since May last year) against 41% who disagreed (down one point).

The survey found that 62% of voters were planning a more frugal summer holiday this year because of the recession, against 34% who are not.