Am I at risk from identity theft?
Over the last few years the threat of ID theft in the UK and around the world has increased dramatically with more and more people now on the radar of the fraudsters and scammers. However, the vast majority of people who may be at risk from identity theft are still unaware of problems which may await them in the future. So are you at risk of identity theft?
There is no doubt that the introduction of the Internet to many homes and businesses around the world has increased the potential market for identity theft. Each of us is just a click away from a potentially fraudulent e-mail or fraudulent contact via a website. We all need to be aware of the risks, retain control of our confidential information and ensure that we do not give information to unknown third parties.
Many of the scams appearing at the moment are financial offers and financial advice which are literally too good to be true. If you have not requested any financial advice or neither inquired about a financial product then why would you entertain anybody who cold calls you? There is no doubt that the fraudsters have taken advantage of the economic situation to maximise their potential victim base.
EU approves changes at Lloyds bank
The European Union Commission has today approved the UK government state aid invested into Lloyds bank which will be rubberstamped in exchange for an agreement that 600 Lloyds branches will be sold off. This now leaves the way open for the £21.5 billion refinancing which Lloyds bank announced some days ago and which had been subject to speculation regarding potential EU approval. So what next?
RBS fined £56m for IT meltdown
20/11/2014 Royal Bank of Scotland has been fined £56 million for a collapse in its consumer systems that left thousands of customers unable to access their bank accounts. The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) collectively fined the bank for the software issue from June 2012, which affected more than 6.5 million customers in the UK over several w...Read More
7m have Unclaimed Cash in old Account
Seven million Britons are under the impression they have an amount of unclaimed cash in an old bank account they no longer have access to, according to a survey by National Savings and Investments (NS&I). Over 50pc of people who believe they have lost touch with their cash put it down to either forgetting the original account details, or losing track of all the accounts they had opened previous...Read More
Why won't the UK government protect ALL of your savings?
As news that Gordon Brown has increased protection for savers to £50,000 per institution is released it seems as though calls for 100% protection of savings have been ignored. This has prompted many to ask why the authorities are not able to guarantee all savings and what they may fear?
While on the surface it may look as if Gordon Brown is not prepared to help, in reality it woul...
Bank charge case re-opens
Hundreds of thousands of bank customers will come closer to finding out whether or not they will be paid back their penalty fees this week.The High Court case looking into the charges, which are levied by banks for offences such as exceeding overdraft limits, is to hold a new three day hearing, starting today.Presiding judge, Mr Justice Andrew Smith, will then decide whether or not charges dating...Read More