Business Irish

Sunday 22 October 2017

Trust in business declines but not in tech

The technology sector (68pc) remained the most trusted industry sector. Picture posed
The technology sector (68pc) remained the most trusted industry sector. Picture posed

Patrick Edwards

Ireland is second from bottom in a table measuring levels of trust in 27 countries, according to a new survey. Levels of trust here have declined to those last seen at the height of the recession, despite the economic recovery.

The annual Edelman Trust Barometer also shows that trust in government recorded a modest five-point recovery in trust over the past 12 months.

NGOs in Ireland remain the most trusted institution despite a significant fall of 10 points to 48pc following controversies in the charity sector.

Business is the second most trusted institution in Ireland, despite a further three-point decline to 38pc. Despite this, Ireland is the second-least trusting of business of the 27 countries surveyed. Trust in media again declined three points to 34pc and has now fallen 11 points since 2013. Of the 27 countries surveyed only Japan and Turkey had lower levels of trust in media.

The technology sector (68pc) remained the most trusted industry sector and recorded a five-point increase over the past 12 months. While banking and financial services remained the least trusted sectors. Newspapers, radio and television continue to be the most trusted source of information in Ireland (56pc) and buck the global trend where online search engines have become the most trusted source of news. Irish newspapers - print and online - are more trusted than search engines as the first source for general news (37pc) and the first source for breaking news (37pc).

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