Financial

A free service to resolve disputes between small and medium enterprises (SMEs) and their banks has been launched in the UK.

Last year was an extraordinary year for e-commerce, with UK online sales an astonishing 50% higher in August compared with February, according to ONS statistics. However, the boom for online commerce was not without its challenges as merchants sought to manage greater supply chain pressures and the need to upscale deliveries.

The chief executive of Starling Bank, Anne Boden has accused social media platforms of supporting financial fraudsters. 

We reveal why clone firm investment scams are becoming more common, how they work and how to stay safe, as well as reveal red flags highlighted by loveMONEY readers who have been scammed.

The governor of the Bank of England has said he takes full responsibility of failings on his watch that allowed one of the biggest investment scandals in recent British history.

Last year was an extraordinary year for e-commerce, with UK online sales an astonishing 50% higher in August compared with February, according to ONS statistics*. However, the boom for online commerce was not without its challenges as merchants sought to manage greater supply chain pressures and the need to upscale deliveries.

Syedur Rahman of Rahman Ravelli particulars a latest judgement that might be of giant significance in crypto-related fraud and asset restoration circumstances.

2 February 2021: Michelle Giddings, head of AML and operations and chair of the 2021 AML Supervisors Forum, outlines the measures ICAEW has taken to tackle anti-money laundering compliance during lockdown.

The Financial Conduct Authority (FCA) is issuing a warning to the public as reports of ‘clone firm’ investment scams increased by 29% in April 2020 compared to March, when the UK went into its first lockdown.

New warning from Action Fraud, the City of London Police and the Financial Conduct Authority (FCA).