FRAUD cost the UK economy an estimated £220 billion in 2024-25, according to a major new financial crime report.

UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a significant pattern.

Industry leaders say bogus claims rose 14% last year, pushing up premiums for all customers ...

UK consumers experienced higher volumes of fraud and more losses in the first half of the year, compared to the same time period in 2024, according to the latest figures from the banking industry. UK ...

UK payment fraud losses reached £1.28 billion ($1.74 billion) in 2025 as criminals increasingly turned to artificial intelligence to create more convincing scams, prompting fresh warnings from UK ...

Britain is considering financial rewards for whistleblowers who provide evidence of fraud, bribery and other economic crimes ...

Food fraud is costing the UK economy up to £2 billion every year, according to the first study to calculate its full economic impact. The research, from the University of Portsmouth, estimates that ...

HSBC executive from the financial industry after a fare fraud conviction, highlighting FCA's stance on non-financial ...

Authorised push payment (APP) fraud losses have fallen by an estimated £73 million annually, according to a review into the impact of rules requiring banks to reimburse victims. APP fraud happens when ...

Do you feel a little overwhelmed by fraudsters and scammers? I write a number of columns every year about the latest types of fraud that occur – and what to watch to watch out for. Yet even if you are ...

My UK bank account has been frozen.You cannot move funds in your bank account unless you pay taxes to HMRC (HM Revenue and Customs).A problem has occurred overseas, and I need you to send money ...