The six largest banking groups in the UK are rolling out a scheme known as “Confirmation of Payee” by the end of the year. Previously, bank transfer payments will go through as long as you have the account number and […]
We may not be able to go anywhere just yet (until at least 4 July) but coronavirus-related holiday scams are already popping up. There are now three new holiday scams to look out for, according to UK Finance, which have […]
How safe is your money? After the Financial Conduct Authority (FCA) placed a freeze on Wirecard’s UK operations this week, I had to stop to think for a moment about how safe my money was. As I mentioned earlier in […]
The Financial Conduct Authority (FCA) has placed a freeze on Wirecard’s UK operations as of 12pm today (26 June 2020). The FCA said that the firm: must not dispose of any assets or funds must not carry on any regulated […]
Last week, I wrote about how the UK’s GDP had fallen off a cliff but there’s no need to panic just yet because it will rebound quickly once lockdown eases. The first signs of that happening are already being reported […]
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