Home » Economy » Consumers accept there is no quick-fix for economy

Consumers accept there is no quick-fix for economy

Almost half of people (49%) think that the Government is best placed to fix the crisis while just one in eight (14%) say the banks can change the economic climate for the better.

The amount of public money ploughed into the economy is also a major concern for consumers, with four out of five people (81%) saying they are worried about future tax levels as a result.

Which? personal finance campaigns manager, Doug Taylor, said: "Consumers aren’t under any illusions – they know the financial crisis will take time to sort out. The banks may have caused much of this mess but consumers think the Government is best-placed to fix it.

"In the meantime, banks should be doing everything possible to help their customers through the financial crisis, such as taking a responsible approach to repossessions and putting a stop to unfairly high unauthorised overdraft charges."

Have your say on this story using the comment section below