Credit, as distinct from money, is generally perceived as being the function of Banks and according to consumer campaigners Which? in their focused campaign `Britain Needs Better Banks’ almost two thirds of those questioned would be on the `hate it’ side, if the Banking System were the equivalent of Marmite.
Consumers depend on banking services and as Banks include: Retail Banks, Investment Banks, Insurance Companies, Building Societies, Private Banks and new or merger ones, that’s a lot of employees as part of the financial services industry. All necessary as part of the economic recovery.
Suggesting little optimism, Consensus Economics forecasts growth from a high of 2 per cent to a low of 0.7 per cent. That’s, compared with other nations, following a sluggish recovery.
So, `love it or hate it’ every little helps.
(Image credit: Mai Le Article credit: Copyright SUF)