The extent of a widely-reported drop in confidence in the banking system has been highlighted by an independent study charting social attitudes over the last 30 years.
Under a fifth of people now believe banks are "well run", compared to 90% in 1983, when NatCen Social Research began questioning the British public about their attitudes towards certain institutions, including the police, press and the BBC. The huge loss of confidence in bankers represents "probably the most dramatic change of attitude registered in 30 years of British social attitudes", the researchers said. NatCen interviewed some 3,000 members of the public for its annual survey. Among its findings were that Britons' attitude towards the unemployed appear to be softening. Compar...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes