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The UK lost £1.2 billion to fraud in 2022, with three million scams taking place, according to new data from banking and finance industry group UK Finance. The Annual Fraud Report detailed losses of over £2,300 every minute, with 78 per cent of cases occurring

<?xml encoding="utf-8" ??>The Bank of England has raised interest rates by a quarter of a percentage point to 4.5% amid growing concerns about persistently high inflation in the UK. The Bank’s monetary policy committee voted by a majority for a 12th successive increase in borrowing costs,

<?xml encoding="utf-8" ??>There are signs of confidence returning to the UK’s 5.5m small and medium-sized businesses and the lending market they rely on. New research by small business lender iwoca, carried out with over one hundred SME finance brokers reveals that worries about a recession are