Yes they did and during those seven years executive and board-room pay increases continued to accelerate away from the pay rates of employees.  Despite the govt. cutting everything in sight MPs voted themselves a couple of hefty pay rises and while further wrecking the retirement hopes of millions awarded themselves the best public service pension scheme in the world.  The people that ran the banks continued to award each other rises, bonuses and share options while shutting branches and making thousands redundant.  Bankrupting small businesses and putting more thousands out of work or on short hours.

That's where the anger comes from, coupled with the frustration that with the system as it is for most people nothing will change.  Temporary contracts, part-time work and low pay are a barrier that prevents far too many from getting any real assets, the key that opens the door to real future prosperity.

That was, IMO, partly why Brexit won the referendum.  A vote against the establishment and a system that isn't working for the majority.  May might understand this, hence the "Things must change" speech.

In the USA Trump has articulated that same mood.  Harnessing the "Main Street v Wall Street" battleground and the Americans willingness to sacrifice current healthcare and handouts for a chance again to gain real long term prosperity.  His "Forgotten Man" speech promising that everyone will have the opportunity to achieve their potential is what these elections were really about.  The system as it operates now is a travesty of capitalism.  The majority are squeezed when times are hard but but get little reward for working hard when times are good.  The few at the top piling up more billions that they can never usefully use while everyone else slowly sinks into declining and debt ridden living standards.