Over 80% of the UK population blames the banking industry for the credit crunch and the economic downturn, according to new research.
Datamonitor's Recession and Recovery research programme also found around 80% of respondents put equal blame on the government and regulators, including the Bank of England and FSA, in another blow to the incumbent Labour government. Approximately 64% of respondents believe the lack of regulation was symptomatic of political greed and part of a wider "feather your own nest" culture in British politics, although this finding may be skewed by the MPs' expenses furor. Datamonitor's study is based on a sample of 300 online respondents for the UK and monitors the effects of the economic down...
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