Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 10 March 2021 9:43 am

Who leaves you hanging? In London, it’s banks

By: Michiel Willems

Add as a preferred source on Google
National Pandemic Flu Call Centre Fields Calls
Getty Images

Banks are the worst at answering customer service calls in the capital, with 33 per cent of Londoners saying it is financial institutions that led them wait the longest, if they are able to get through at all.

A new Moneypenny survey, revealing the organisations that are worst at answering the phone, singled out utility companies as the worst at answering calls from customers across the whole of the UK.

When asked which companies or organisations take longest to answer calls, utility companies were most frequently mentioned, followed bydoctors, banks and phone companies.

Those that were mentioned least were legal companies as well as real estate or property firms.

However, banks topped the list in Greater London. In contrast, GP practices were worst at answering calls in Northern Ireland and the West Midland.

“Please stay on the line, your call is important to us”

The average length of time that callers have to wait for their call or live chat request to be answered, across all companies and organisations, was up to 20 minutes for more than a fifth, while nearly a fifth said they regularly give up waiting altogether.

Londoners are clearly used to waiting, as 61 per cent said that phone answering delays are acceptable, compared to less than half in the south east.

The survey also showed that 85 per cent of people believe that companies are increasingly citing the Covid pandemic as an excuse for delays in answering phone calls, or engaging in live chat.

Younger people seem more accepting of delays, than older ones: 73 per cent of 16-24 year olds said phone answering delays are acceptable, compared with 46 per cent of the over 55 year olds. That may explain why a majority of Londoners think answering delays are tolerable.

Read more

Taxpayers will foot the bill for Burnham’s renationalisation whims

Andy Burnham speaking at Makerfield community event, addressing local issues and engaging with residents in a public setting.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money
  • News

Categories

  • Business
  • Personal Development
  • Transport & Infrastructure

Related Topics

  • London business

Trending Articles

  • O’Brien can complete July Cup Mission

  • Bal looks the bet in fiercely competitive Falmouth

  • Nscale taps lenders for $900m to fuel AI data centre splurge

  • Terry Smith dubs weight-loss giant Novo Nordisk ‘investment disaster’

  • London workers most exposed to AI jobs cull

More from City PM

  • Taxpayers will foot the bill for Burnham’s renationalisation whims

    Opinion
    Andy Burnham speaking at Makerfield community event, addressing local issues and engaging with residents in a public setting.
  • LSE draws up ‘worst case scenario’ US listing flight risk

    Markets
    London Stock Exchange building exterior with financial district skyline, symbolizing global market activity and economic t...
  • Perch Group Eases the Burden on Grieving Families by Forming Partnership With Leading Bereavement Notification Service NotifyNOW

    Business Wire
  • Banks call for ‘political mandate’ to bolster European defence

    Banking
    News article image depicting a significant business meeting with diverse executives discussing strategy around a conferenc...
  • Google hit with UK-first AI crackdown over publisher content

    Tech
    Googles modern Kings Cross headquarters showcasing innovative architecture in Londons dynamic tech district
  • Gold set for worst quarter in over 10 years as retail interest cools

    Markets
    Investors have been piling into gold for several reasons (Photo by Chris McGrath/Getty Images)
  • Close Brothers shares fall as motor finance scandal threatens worst returns in Europe

    Banking
    Close Brothers has upped its motor finance provisions.
  • Bank of England to relax capital rules despite warning of economic threats

    Banking
    Bank of England building on Threadneedle Street, London, showcasing its historic architecture and financial significance

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy