Stolen iPhone or Android phone? Monzo unveils never-before-seen features to stop thieves looting your bank

All products and promotions are independently selected by our experts. To help us provide free unbiased advice, we earn an affiliate commission if you make a purchase. Click here to find out more Thousands of mobile phones are stolen in the UK every year. One phone is stolen in London alone every four minutes. While … Read more

Hairdresser is fed up with ASBO youth smoking drugs outside her shop and tapes off the workbench

Is your store affected too? Email milo.pope.mol@mailonline.co.uk A hairdresser who removed a bench from outside her salon after being harassed by antisocial behaviour has been left stunned after she claimed police threatened her with vandalism. Rebecca Sutton decided to take drastic action after she was harassed by drug dealers and drunks who gathered outside her … Read more

Bank with 3 million customers will charge fees for using a debit card abroad

A HIGH street bank will charge customers later this summer for using their debit cards abroad. From August 29, Metro Bank will introduce a 2.99% fee on all debit card transactions outside the UK, including in Europe. This compensation is currently free, The Sun reports. Metro Bank has approximately 3 million customers who may be … Read more

Citi was the bank of choice for money launderers, US law enforcement officials say

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. According to senior US law enforcement officials, drug traffickers chose to launder money through Citigroup because they believed the bank was “more favorable” and had less stringent fraud controls. In an indictment unsealed last week, U.S. … Read more

Stranded holidaymakers clash after Gatwick suspended all flights

By Alesia Fiddler and Piriyanga Thirunimalan 19:08 Jun 29, 2024, updated 19:57 Jun 29, 2024 Stranded holidaymakers have attacked the ‘disgusting’ service after Gatwick Airport suspended all flights yesterday afternoon. Passengers faced massive delays, last-minute diversions to other London airports and missed connections after a British Airways Boeing 777 flight was forced to make an … Read more

DWP will check bank statements for millions of Universal Credit claimants

The Department for Work and Pensions is planning to check the bank statements of millions of Universal Credit claimants. It is carrying out so-called targeted case reviews to help reduce fraud and errors in the system. In a new update, the DWP says it has recruited 2,000 dedicated case review officers to assess Universal Credit … Read more

What the Dutch Central Bank tells us about Bidenomics

Receive the US Election Countdown newsletter for free The stories that matter about money and politics in the race for the White House Last year, De Nederlandsche Bank launched a study into how inflation affects sentiment. The results should be chilling for US President Joe Biden as he prepares for the upcoming presidential debate and … Read more

Mortgage costs to rise by 3 million, says Bank of England – BBC News

Image source, Shutterstock Item information Author, Charlotte Edwards Role, BBC business reporter June 27, 2024 12:17 BST Updated 2 hours ago Around three million households will see their mortgage costs rise over the next two years, the Bank of England has said. The Bank’s latest Financial Stability Report also states that around 400,000 mortgage holders … Read more

Global election wave could hit UK financial system, Bank of England warns

The uncertainty caused by a global election wave starting in France this weekend threatens to destabilize the British financial system, the Bank of England has warned. Officials are concerned about the kind of policies newly elected governments can enforce in major economies, including the US, where Donald Trump is vying for another term as president … Read more

‘Market prices vulnerable to sharp correction,’ warns the Bank of England

Thursday, June 27, 2024 10:40 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email The Bank of England today published its financial stability report. The Bank of England has warned that investors are focusing solely on good economic news, causing asset prices … Read more