Nigerian poverty minister ‘had £19m in bank accounts’
A corruption investigation into a suspended Nigerian minister whose job is to help poverty-stricken people has recovered £19 million from...
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Cyber attacks risk triggering bank runs, warns IMF
The IMF said the risk of significant financial losses from cyber incidents had increased dramatically.It said: “Such losses could potentially...
Barclays launches challenge against car finance mis-selling claim
Barclays has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker. Thousands of...
Spain to axe ‘golden visa’ scheme in blow to British expats
Spain’s decision comes after the Portuguese government also announced it was pressing ahead with plans to end its non-habitual resident (NHR)...
‘Shadow bank’ lending risks triggering new financial crisis, warns IMF
Risky lending by “shadow banks” threatens to trigger a new financial crisis, the International Monetary Fund (IMF) has warned.The Washington-based...
Pensions giant to create UK superfund in boost for Hunt
Smaller funds traditionally do not have the financial firepower to tap into these investments because of the higher costs charged...
‘We lost £105,000 after putting our life savings in a trust – our disabled son will suffer’
A salesman from Family Trust visited Norman and Ann at their home in 2013 after Newcastle Building Society made the...
Why conscription would be an economic disaster
The economic situation is certainly grim.Just over 850,000 people aged between 16 and 24 are not in education, employment or...
Revolut fraud payout row leaves 1,000 victims in limbo
During this period, the FOS received 3,000 fraud and scam complaints from Revolut customers. Of these, 1,400 were in relation...
Fate of Thames Water to be decided by Chinese banks
Thames was plunged deeper into crisis last month when its owners refused to honour a pledge to pump nearly £4bn...
