The barbershop is not just a place to get your hair trimmed, it can be a barometer of financially uncertain times and a refuge to many.

A financial downturn influences many things. The stock markets may see worrying dips and financial belts are tightened, but men’s haircuts also reflect the uncertainty, say some.

In times of pressure you go with tradition, says hair historian Caroline Cox, and that includes haircuts.

“Men are going in for old-fashioned styles at the moment, harking back to the Mad-Men era and even earlier than that, to the 40s. What we find is that in times of uncertainty, you go with what you know.”

It’s a look that is certainly popular at the moment. Even David Beckham, the man who has spawned more hair trends than almost any other, is now sporting a Don Draper-like style.

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