{"id":3720,"date":"2020-02-20T14:43:30","date_gmt":"2020-02-20T14:43:30","guid":{"rendered":"http:\/\/www.groupcaliber.com\/?p=3720"},"modified":"2022-01-24T12:19:40","modified_gmt":"2022-01-24T12:19:40","slug":"2019-results-uk-top-20","status":"publish","type":"post","link":"https:\/\/groupcaliber.banyodev.dk\/index.php\/2020\/02\/20\/2019-results-uk-top-20\/","title":{"rendered":"2019 Results: UK Top 20"},"content":{"rendered":"

As we embark on the beginning of a new decade, let\u2019s look back at the major moments of 2019 and uncover what the year had in store for the UK Top 20 companies.<\/strong><\/em><\/p>\n

From record-high temperatures to hundreds of thousands taking to the streets in climate strikes, followed by the collapse of London-based travel agent Thomas Cook after 178 years in business, along with rising business costs, trade pressures, the ever-looming uncertainty of Brexit, a global economic slowdown and a general election \u2013 2019 certainly had its challenges, especially for UK business.<\/p>\n

While the UK economy ended 2019 in stagnation<\/a>, it looks like public sentiment has kept steady. Despite mounting economic and political pressures, the average level of trust and affection towards business in the UK remained unchanged from 2018 to 2019. A strong first<\/a> quarter suggested that as trust in the political environment weakened, companies across the UK may have helped to bring stability and reassurance amidst the rising uncertainty. However, the picture began to change as perceptions weakened in the second half of the year following the heightened anxiety surrounding the postponed Brexit decision at the end of Q1.<\/p>\n

UK Top 20 Most Trusted & Liked Companies 2019<\/span><\/strong><\/h2>\n

Though perceptions fluctuated throughout the year, overall the picture for the UK Top 20 remained largely the same with only a few significant changes.
\n\"UK<\/a>
\nTesco<\/strong> becomes the UK\u2019s favourite company, followed by Marks & Spencer<\/strong> and Sainsbury\u2019s<\/strong> tied for second place, and ITV<\/strong> in third. Marks & Spencer, the former 2018 champion, struggled this past year in its clothing division with what has been called a \u201c135-year-old broken business model<\/a>\u201d \u2013 and the public may be taking notice as the company moves from first to second place in the ranking with a nearly 3-point drop in its score.<\/p>\n

A more significant decline, of over 4 points, is seen by another company \u2013 EasyJet<\/strong>. Despite being the world\u2019s first major airline to offset all jet fuel emissions in 2019, people in the UK still felt the airline failed to win their trust \u2013 perhaps the backless seat<\/a> twitter storm and the way it was handled had something to do with that.<\/p>\n

\"UK<\/p>\n

 <\/p>\n

On the flip side, trust is apparently being restored in the financial sector. Lloyds Banking Group<\/strong>, HSBC<\/strong> and Barclays<\/strong> were the only companies in the UK Top 20 to see a significant increase in public perceptions from 2018 to 2019. However, the tide isn\u2019t rising all boats as the government-owned Royal Bank of Scotland Group<\/strong> (RBS) seemed to buck the trend – taking last place in the ranking once again.<\/p>\n

RBS seems to have suffered more than most in the fallout from the financial crisis, with criticism toward the bank\u2019s behavior followed by a string of scandals and a \u00a345 billion taxpayer bailout which degraded the perceived integrity of the bank. As a result, RBS holds not only the lowest Trust & Like Score, but also the lowest integrity score in the ranking. Interestingly, a driver analysis in our recent Global Financial Study<\/a> revealed perceived integrity to be of utmost importance in driving public trust and affection towards banks, while innovation was considered to be of least importance \u2013 in the UK and almost everywhere else. It may be worth noting RBS\u2019 strategy moving into 2019 was a focus on digital innovation<\/a>. Could reassurance on the organization\u2019s improvements and commitment regarding corporate culture, ethics and behavior be the missing link to restore what was once the world\u2019s biggest bank by assets?<\/p>\n

Conclusion<\/span><\/strong><\/h2>\n

Overall, public sentiment stagnated in 2019. Perhaps the continued political uncertainty left many organizations unable to plan for the future and therefore less capable of creating significant change. With so much up in the air and an unprecedented combination of challenges for UK businesses, it is rather interesting to see a neutral trend while other countries in Europe are showing a general downward trend in corporate reputation. The data does, however, show that sentiment is eroding among the older generations, while younger people are proving to be more optimistic. Perhaps the much talked-about age divide in UK politics applies in some other ways to people’s attitude towards business.<\/p>\n

 <\/p>\n

ABOUT THE STUDY<\/em><\/span>
\nThe results are based on Caliber\u2019s real-time tracker that measures public perceptions of the most prominent companies in the United Kingdom on a daily basis. The scores underpinning the ranking are based on the average responses to 2 separate questions presented on a 1-7 scale: to what extent respondents trust and like each company. The scores are then normalized into a 0-100 scale without any weighting or adjustments. The results represent the UK population along key demographic indicators. As the data is collected continuously on a daily basis, rather than at one point in time as is often the case in comparable studies, results can be seen as being representative of all news and activities that occurred throughout the year. All results shown in the Top 20 ranking can be further broken down along age, gender, geography and occupation.<\/em><\/span><\/p>\n

________________________________________________________________<\/p>\n

If you are interested in this topic you might like the following:<\/strong><\/p>\n

UK Top 20: Q2 2019 Results<\/a>
\nUK Top 20: Q1 2019 Results<\/a>
\nUK Top 20: 2018 Results<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As we embark on the beginning of a new decade, let\u2019s look back at the major moments of 2019 and uncover what the year had in store for the UK Top 20 companies. From record-high temperatures to hundreds of thousands taking to the streets in climate strikes, followed by the collapse of London-based travel agent […]<\/p>\n","protected":false},"author":3,"featured_media":7445,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"industry":[],"class_list":["post-3720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/posts\/3720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/comments?post=3720"}],"version-history":[{"count":2,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/posts\/3720\/revisions"}],"predecessor-version":[{"id":7446,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/posts\/3720\/revisions\/7446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/media\/7445"}],"wp:attachment":[{"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/media?parent=3720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/categories?post=3720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/tags?post=3720"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/groupcaliber.banyodev.dk\/index.php\/wp-json\/wp\/v2\/industry?post=3720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}