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Bank claims: Could Brits trust John Lewis more than Barclays?

Brits could be more trusting of bank claims made by major retailers than those made by traditional sources of finance, a study has shown.

John Lewis would be trusted to provide banking services to 75 per cent of respondents, while 25 per cent said they would have faith in Amazon, research revealed.

Furthermore, the misselling of payment protection insurance, libor-rate swaps and other issues in the financial services sector appear to have led Britons to mistrust money lenders, with 68 per cent claiming new players in the industry care more about their clients than the established banks do.

While only 37 per cent think that high street banks provide good customer service, 69 per cent believe that retailers and supermarkets do, the investigation revealed.

"It's clear that Barclays and the other big banks not only don't care about their customers but are willing to completely undermine the UK economy, just to line their own pockets," former Barclays Bank customer and graphic designer Stephanie Lee recently said.

Charles Baker
Charles is a reputed financial analyst with decades of experience under his belt.ADNFCR-2776-ID-801438017-ADNFCR

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