‘I felt stupid and embarrassed’: victim of ‘Hi Mum’ fraud on WhatsApp lost £1,600 Guardian investigation reveals the human stories behind the scams on Meta’s social media platforms The Guardian - UK · Jun 16, 2023
52% of people with disabilities ‘negatively affected by bank branch closures’ Consumer group Which? carried out research among more than 2,700 bank customers with disabilities. The Independent UK · Jun 13, 2023
Household savings shrink annually for first time in 15 years Further falls in savings levels were likely until current cost pressures eased, UK Finance said. The Independent UK · Jun 7, 2023
UK banks to reimburse fraud victims under new rules, regulator confirms Requirement to refund people who have been tricked by scammers will be implemented in 2024 The Guardian - UK · Jun 7, 2023
Heathrow security guards to strike from 24 June, says Unite; UK house prices ‘in first annual fall since 2012’ – as it happened Heathrow security guards announce strikes over summer, UK house prices record their first annual fall in over a decade The Guardian - UK · Jun 7, 2023
One in five first-time buyers taking out mortgages lasting over 35 years A record 19% of first-time buyers took out mortgages lasting at least 35 years in March, according to figures from UK Finance. Evening Standard · Jun 5, 2023
Mortgages: UK lenders continue to raise rates and pull deals Record 19% of all loans taken out by first-time buyers in March were for 35 years or longer The Guardian - UK · Jun 5, 2023
Oil price up after Saudi Arabia cuts output; UK mortgage rates and car sales rise – as it happened Rolling coverage of the latest economic financial news, as Brent crude hits $78/barrel and new car market records longest period of growth since 2015 The Guardian - UK · Jun 5, 2023
Six per cent interest rate warning in ‘bumpy’ battle to halve inflation this year ‘We are going to stay the course and get inflation down,’ Work and Pensions Secretary Mel Stride said Evening Standard · May 31, 2023
Warning that taking quizzes on social media could see your data stolen There are several things you can do to reduce the risk Wales Online · May 30, 2023
UK banks shortchanging savers with ‘measly’ rates, says Which? Some instant access accounts as low as 0.1% despite Bank of England’s 4.5% base interest rate The Guardian - UK · May 30, 2023
Savers should ditch and switch if they are not satisfied with rates – Which? The consumer group said become even more important to get better returns on savings accounts amid the living costs squeeze. The Independent UK · May 29, 2023
Spike in mortgage arrears and homes being repossessed as interest rates soar Lenders stand ready to help anyone who might be concerned about their repayments, according to UK Finance, which released the figures The Independent UK · May 18, 2023
Jump in mortgage arrears and homes being repossessed Lenders stand ready to help anyone who might be concerned about their repayments, according to UK Finance, which released the figures. The Independent UK · May 18, 2023
The Independent UK · May 16, 2023 More than 10 million UK adults struggling with bills and credit repayments – FCA Around 5.6 million adults were estimated to have missed bills or loan payments in at least three of the previous six months, the FCA said.
The Independent UK · May 13, 2023 More mortgage pain to come as some to pay £200 more a month, experts warn The trend towards homeowners taking out longer fixed-rate mortgages has delayed the impact of rising interest rates on some households
The Independent UK · May 12, 2023 More mortgage pain to come for homeowners, says think tank The trend towards homeowners taking out longer fixed-rate mortgages has delayed the impact of rising interest rates on some households.
The Independent UK · May 12, 2023 A fraud expert’s tips on avoiding scams Impersonation scammers are using increasingly sophisticated methods to swindle people. Here’s how to keep yourself safe. By Vicky Shaw.
The Week · May 12, 2023 UK mortgage predictions: where will rates go next? Mortgage rates are rising again and products are being pulled from the market amid higher-than-expected inflation figures.
The Independent UK · May 11, 2023 £5,000 annual increase in the average cost of a mortgage for some borrowers Over the course of the series of rate hikes taking the base rate from 0.1% to 4.5%, the average monthly tracker mortgage payment has risen by £417.36.
The Guardian - UK · May 10, 2023 Social media firms should reimburse online fraud victims, say UK bankers Boss of industry body UK Finance accuses tech companies of ‘profiting’ from scams on their platforms
The Independent UK · May 10, 2023 Nearly 80% of APP scam cases start online, says UK Finance About three-fifths of authorised push payment scam losses last year were reimbursed, according to UK Finance’s annual fraud figures.
The Independent UK · Apr 19, 2023 Risks and opportunities from green mortgages highlighted by FCA boss Green mortgages can play an increasingly significant role in helping borrowers reduce emissions from their homes, according to the FCA’s David Geale.
Wales Online · Apr 18, 2023 Impersonation fraudsters conned unsuspecting victims out of £177m last year A leading industry body says more than 45,000 frauds were reported in 2022. It comes as a campaign has been launched to raise awareness of impersonation scams
The Independent UK · Apr 18, 2023 Britons lost £177.6m to impersonation scams in 2022: ‘Fraudsters have improved their tricks’ The figures were released during Take Five Week, which encourages people to pause to think before transferring money or handing over personal details