Public trust in chancellor George Osborne is at an all-time low, according to a ComRes/ITV poll.

Just 16% of the British public trust him to see the country through the current economic storms while 62% don't. This is the lowest trust score for Osborne that has been recorded since polling began in October 2010, when 32% trusted him and 37% did not.

The collapse in his ratings follows the publication of the latest Office for National Statistics figures which showed the public borrowing gap between spending and revenue was £600m in July. In the same month a year earlier, there was a surplus of £2.8bn. The Treasury said it was down to disappointing corporation tax receipts.

The tracker poll reveals that trust for Osborne has fallen steadily since the same question was asked in May 2012 when 23% trusted him and July, which saw one in five (20%) put their trust in the chancellor.

Osborne is not the only politician to feel the cold lash of public disgust. Back in October 2010, prime minister David Cameron had a trust score of 43%, with 36% who did not trust him to see the country through the current economic situation.

Today, that figure stands at 31% and 53% respectively. Similarly, nearly two years ago in the autumn of 2010, 34% of the population trusted deputy PM Nick Clegg to see the nation through the current economic situation. Now, that figure has dropped by more than half to just 15%.

Meanwhile, the poll showed that just a quarter of people (24%) believe the coalition is good for Britain, while more than half (53%) think it is not, meaning positivity towards the coalition has dropped by 20% since 2010.