Labour secures victory in UK general election – industry reaction

Sir Keir Starmer has become the UK’s next prime minister after Labour secured a majority in last week’s general election. The results showed that the Conservative party saw its number of MPs fall to the fewest in its history. Commenting on the result, David Postings, Chief Executive of UK Finance said “I’d like to congratulate…

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Fraudulent banking transactions forecasted to rise 111% over the 5 years

8th July 2024 Consumer Lending | #fraud

A new study from Juniper Research has found that the number of fraudulent banking and money transfer transactions in the UK will increase by 111% over the next five years. The figures indicate that fraud will increase from £4.2 million in 2024, to £8.8 million in 2029 with fraudulent transactions totalling £38 million over the next…

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