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Bankers least trusted professionals, followed by journalists and politicians

Bankers are the least trusted professionals, according to new research.

New Statesman
Photograph: Getty Images

Which? magazine found that only 11 per cent of the 2,060 respondents thought bankers acted in the best interest of the consumer, and 67 per cent believed that bankers won’t lose their jobs if they lie or cheat.

Around 63 per cent thought bankers were unlikely to lose their job if they failed to comply with industry codes of conduct, and 64 per cent believed bankers consistently give poor service.

More people say they distrusted bankers than estate agents, and only 6 per cent of people say they associate ethical behaviour with bankers.

Bankers rated among the bottom three least trusted professionals, which also included journalists and politicians.

Helen Roxburgh is the online editor of economia. Read the rest of this piece here.