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    Criminals are resorting to old-fashioned cheque and telephone scams as fraud losses instead. More »Credit card fraud falls to a 10-year low

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    Latest News

    • U.S. stock index futures point to lower start Reuters - UK Focus - 3 hours ago

      * U.S. stock index futures pointed to a lower opening onWall Street on Thursday, with futures for the S&P 500 andthe Dow Jones down 0.4 percent, while Nasdaq 100 contracts had shed 0.5 percent at 0827 ...

    • Pensioner debt worries intensify Telegraph - 5 hours ago

      More than a third of older people do not feel that the income from their pensions and savings is enough to give them a financially stable future, a study has said.

    • Fraud warning: new card scam nets £1m in four months Telegraph - Wed, May 23, 2012 12:25 BST

      Bank customers are falling victim to a new and sophisticated type of credit card fraud which has increased threefold since the beginning of the year.

    • Keep your savings secure when banks get into trouble Telegraph - Mon, May 21, 2012 17:59 BST

      Five things you need to know about the protection from a bank that is available for savers.

    • Utility customers penalised for paying in cash Telegraph - Mon, May 21, 2012 17:07 BST

      Customers that pay their utility bills by cash are being charged £100 a year more than those that pay by direct debit.

    • Wonga and Citizens Advice launch inquiry into loans Telegraph - Mon, May 21, 2012 13:26 BST

      Payday loan company Wonga has teamed up with a local Citizens Advice Bureau to launch a financial education initiative.

    • Wonga and Citizens Advice launch loan inquiry Telegraph - Mon, May 21, 2012 12:46 BST

      Payday loan company Wonga has teamed up with local Citizens Advice Bureau to launch financial education initiative.

    • Insurers play hardball as the number of complaints soars Telegraph - Fri, May 18, 2012 17:36 BST

      The number of consumers asking the financial ombudsman to resolve disputes rose by 25pc last year but many providers are play hardball.

    • Parents Shoulder Bills For 40-Year-Old Kids Sky News - Fri, May 18, 2012 16:05 BST
      Parents Shoulder Bills For 40-Year-Old Kids

      Adults in their 30s and 40s are increasingly becoming 'credit virgins' as their parents continue to pay their bills and take out loans on their behalf, according to new research.A quarter of UK parents ...

    • UPDATE 4-HSBC doubles turnaround target to $2 bln Reuters - UK Focus - Thu, May 17, 2012 13:27 BST

      * Achieved $2 bln cost savings * Sets 22 key growth markets; profit, cost targets on track * Euro zone crisis a big worry - CEO * Shares down 1.7 pct as euro zone fears hit banks (Adds more CEO comments, ...

    • REFILE-UPDATE 3-HSBC turnaround on target, sees revenue boost Reuters - UK Focus - Thu, May 17, 2012 10:42 BST

      (Refiles to remove extraneous word 'costs' from firstparagraph) * Achieved $2 bln annualised cost savings * Doubles annual revenue lift from plan to $2 bln * On track for profitability, cost targets * ...

    • UPDATE 3-HSBC turnaround on target, sees revenue boost Reuters - UK Focus - Thu, May 17, 2012 09:56 BST

      * Achieved $2 bln annualised cost savings * Doubles annual revenue lift from plan to $2 bln * On track for profitability, cost targets * Euro zone crisis a worry - CEO (Adds CEO comment, detail) HONG KONG, ...

    • UPDATE 2-HSBC says turnaround plan on target, costs cut by $2 bln Reuters - UK Focus - Thu, May 17, 2012 07:43 BST

      * HSBC achieved $2 bln in sustainable cost savings to date * Reaffirms targets on RoE, cost ratios and common equityratio * Expects $1.5 bln in incremental revenue from businessintegration * Has shed 15,000 ...

    • UPDATE 1-HSBC says turnaround plan on target, costs cut by $2 bln Reuters - UK Focus - Thu, May 17, 2012 05:56 BST

      * HSBC achieved $2 bln in sustainable cost savings to date * Reaffirms targets on RoE, cost ratios and common equityratio * Expects $1.5 bln in incremental revenue from businessintegration * Says 15,000 ...

    • Google fears hit Moneysupermarket.com Telegraph - Mon, May 14, 2012 21:22 BST

      Who's afraid of Google? Investors in moneysupermarket.com certainly seemed to be today, as they heeded analysts’ warnings that the internet giant could wipe out two-thirds of the price comparison site’s ...

    • West Ham chairman David Gold on his rise to fame and fortune Telegraph - Mon, May 14, 2012 10:14 BST

      David Gold has been a West Ham fan since boyhood. Now he co-owns the club.

    • HSBC in talks over sale of South American businesses Telegraph - Thu, May 10, 2012 18:37 BST

      HSBC is in talks to sell several of its South American businesses as Britain's largest bank continues to cut back its international operations as part of a turnaround plan.

    • Mastercard to let users pay via smartphone app Telegraph - Wed, May 9, 2012 00:20 BST

      Mastercard is introducing a new digital wallet in an effort to satisfy growing demand from consumers who want to be able to pay with a simple tap on a screen.

    • 'I got £1m tax-free from my pension' Telegraph - Tue, May 8, 2012 16:48 BST

      Ex-cabbie John Griffin, 69, set up minicab service Addison Lee in 1975 with no capital outlay. Today the company generates a £250m turnover and has 3,600 drivers. Griffin lives in Potters Bar, Herts, with ...

    • Cashpoint Donations To Spur Charity Giving Sky News - Tue, May 8, 2012 11:07 BST

      People using cash machines will be invited to donate to charity each time they withdraw money, under new Government plans.Royal Bank of Scotland cash machines and those owned by independent operator Bank ...

    • U.S. stock index futures signal early losses Reuters - UK Focus - Tue, May 8, 2012 09:26 BST

      PARIS, May 8 (Reuters) - * U.S. stock index futures pointedto a lower opening on Wall Street on Tuesday, with futures forthe S&P 500 down 0.42 percent, Dow Jones futuresdown 0.44 percent and Nasdaq 100 ...

    • Careful savers boost bank balances Telegraph - Tue, May 8, 2012 08:50 BST

      Careful savers have managed to increase their balances to the highest levels in nearly two years, despite the tough economy, a study has found.

    • Barclays U.S. card unit bids for online deposits Reuters - UK Focus - Mon, May 7, 2012 05:00 BST

      May 7 (Reuters) - The U.S. credit card unit of Barclays is joining the competition for online savings fromindividuals. Barclays introduced a website on Monday to take deposits ina push to diversify its ...

    • Barclays to offer online US savings accounts-FT Reuters - UK Focus - Mon, May 7, 2012 00:35 BST

      LONDON, May 6 (Reuters) - British bank Barclays ismoving into the U.S. retail banking market for the first time indecades with the launch of an online savings account, theFinancial Times said on Monday. ...

    • After admitting a 'material weakness’ in Groupon's accounts and coming under fire from businesses and the OFT, chief executive Andrew Mason explains how he plans to improve the company and reverse a sinking ...

    • Beat the big bank rip-off Telegraph - Sat, May 5, 2012 06:46 BST

      Higher borrowing rates and lower savings deals mean we're worse off then ever, but there are ways to soften the blow

    • Families must accept share of blame for Britain's woes Telegraph - Thu, May 3, 2012 20:55 BST

      British households that borrowed too much money must “accept responsibility” for their role in the current economic troubles, a senior Cabinet minister warned last night.

    • Debt crisis: as it happened, May 3, 2012 Telegraph - Thu, May 3, 2012 08:21 BST

      Eurozone growth must be "put back at the centre of the agenda," ECB president Mario Draghi said on Thursday, though he added that growth and fiscal compacts could work hand in hand.

    • Visa profits jump 30pc as credit card use rises Telegraph - Wed, May 2, 2012 22:30 BST

      Visa said its profit for the first three months of the year was up 30pc from the year before, primarily because credit card use rose in the US and overseas.

    • UPDATE 1-Lending, construction offer hope for UK economy Reuters - UK Focus - Wed, May 2, 2012 12:20 BST

      (Adds comments, construction PMI, market reaction, companynews) LONDON, May 2 (Reuters) - Approvals for home loans inBritain rose unexpectedly in March and construction activitygrew at a robust pace in ...

    • Rate alert: the best balance transfer credit cards Telegraph - Wed, May 2, 2012 12:04 BST

      Many consumers cannot afford to pay down their credit card debt. If this sounds like you, a balance transfer card will help you save money. We look at the top five.

    • Surprise rise in mortgage approvals Telegraph - Wed, May 2, 2012 11:22 BST

      Approvals for home loans in Britain rose unexpectedly in March, suggesting the housing market continued to recover despite the end of a tax exemption for first-time buyers, Bank of England data showed ...

    • UK March mortgage approvals rise unexpectedly Reuters - UK Focus - Wed, May 2, 2012 09:30 BST

      LONDON, May 2 (Reuters) - Approvals for home loans in Britain rose unexpectedly in March, suggesting the housing market continued to recover despite the end of a tax exemption for first-time buyers, Bank ...

    • Russian metals billionaire Oleg Deripaska wielded a security force of 3,000 across his business empire and had a 40-strong unit dedicated to his personal safety, a court has heard.

    • Credit card complaints soar Telegraph - Tue, May 1, 2012 16:18 BST

      A record number of disputes between consumers and credit card companies were taken to the ombudsman last year, driven by a surge in people trying to recoup their cash after something went wrong with a ...

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