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.
Wilbur Ross sees Virgin Money on the UK high street
Richard Branson has today announced a new high-profile partner for his Virgin Money operation with US billionaire Wilbur Ross injecting £100 million for a 20% stake in the operation. The US investment guru has also promised to invest a further £500 million into a potential offer for Royal Bank of Scotland branches. This is a major landmark in the history of Virgin Money and indeed puts Richar...Read More
Which? magazine points to disappointing services in the UK
Which? magazine has this week placed the UK banking arena at the centre of an argument regarding the level of services available in the UK. A number of prominent banks in the UK have been mentioned with regards to "substandard services" with an array of uncomplimentary comments from current and past customers. So what is the problem with the UK banking sector? There is no doubt that ongoing cos...Read More
General Electric looking at UK online banking market
US giant General Electric is said to be looking at setting up a UK online banking operation which will be able to take in customer deposits. This is a company which has many different branches and many different operations throughout the world although for some reason it seems to have highlighted the UK online banking arena as something with growth prospects for the future. There is no doubt th...Read More
Sir Fred Goodwin's home attacked overnight
As the hate campaign towards Sir Fred Goodwin, the ex-chief executive of the Royal Bank of Scotland, continues it has been revealed that the ex-banking chief's home was vandalised overnight. A number of windows were smashed and a car was vandalised and police are currently investigating who carried out his actions. It has also been revealed that Sir Fred Goodwin's children were taken out of their...Read More
Bank profits 'cost households £441 each'
Financial marketplace Zopa has estimated that the cost of HBOS and RBS' profits results in a bill to each UK household of £441, marking a ten per cent year-on-year increase.Recently, the banks made their profits known, with HBOS recording a £5.7 billion total and RBS achieving a £9.2 billion profit."The truth is that banks in the UK have let down their customers badly by failing to deliver agai...Read More