Millennials are stereotypically seen as an ethical generation which rejects big corporations and rebels against authority.

But new figures by researchers Ipsos Mori suggest that none of this is true.

Young people are more likely to trust institutions such as the church or the media than their parents. Of the young people surveyed, 55 per cent said they trusted governments and those in authority, compared to just 39 per cent of baby boomers.

The report says: "There’s no institution which seems in danger of experiencing any kind of ‘crisis of trust’ among younger generations.