The study, a so-called time-trend analysis which compared the actual number of suicides with those expected if pre-recession trends had continued, reflects findings elsewhere in Europe where suicides are also on the rise.

“This a grim reminder after the euphoria of the Olympics of the challenges we face and those that lie ahead,” said David Stuckler, a sociologist at Cambridge University who co-led the study, published in the British Medical Journal (BMJ).

The analysis found that between 2008 and 2010 there were 846 more suicides among men in England than would have been expected if previous trends continued, and 155 more among women.

Between 2000 and 2010 each annual 10% increase in the number of unemployed people was associated with a 1,4% increase in the number of male suicides, the study found.

The analysis used data from the National Clinical and Health Outcomes Database and the Office of National Statistics.

Stuckler, who worked with researchers from Liverpool University and the London School of Hygiene and Tropical Medicine, stressed while this kind of statistical study could not establish a causal link, the power of the associations was strong. Its conclusions were strengthened by other indicators of rising mental health problems, stress and anxiety, he added.

He also pointed out the study showed a small reduction in the number of suicides in 2010 which coincided with a slight recovery in male employment.

Depression, anxiety, alcohol abuse 

A survey of 300 family doctors published by the Insight Research Group on Tuesday found that 76% of those questioned about the effects of the economic crisis said they thought it was making people unhealthier, leading to more anxiety, abortions and alcohol abuse.

Data this month from the government’s Health and Social Care Information Centre showed the number of prescriptions dispensed in England for antidepressants rose 9,1% in 2010.

A study published last July, also by Stuckler, found that across Europe, suicide rates rose sharply from 2007 to 2009 as the financial crisis drove unemployment up and squeezed incomes.

The countries worst hit by severe economic downturns, such as Greece and Ireland, saw the most dramatic increases in suicides.

In Britain, there’s little doubt times have been getting harder. The economy has shrunk for the last nine months and now produces 4,5% less than before the economic crisis.

Government debt is well above a trillion pounds and is predicted to rise above 90% of GDP even with austerity policies being pushed through by the government.

Many Britons have had the worst squeeze in living standards for 40 years and the crisis has hit young people hard, with youth unemployment soaring above 20%.

Stuckler’s BMJ study found that the number of unemployed men rose on average across Britain by 25,6% each year from 2008 to 2010, a rise associated with a yearly increase in male suicides of 3,6%.

“Much of men’s identity and sense of purpose is tied up with having a job. It brings income, status, importance...” Stuckler said in a telephone interview.

“And there’s also a pattern in the UK where men are three times more likely to commit suicide than women, while women are much more likely to report being depressed and seek help.” 

The World Health Organisation estimates that every year, almost a million people die from suicide — a rate of 16 per 100000, or one every 40 seconds.

The U.N. health body also estimated that for every suicide, there are up to 20 attempted ones.