Financial news

• Real criminals, fake victims: how chatbots are being deployed in the global fight against phone scammers

  06-07-2024 22:00
  
  New scambaiting AI technology Apate aims to keep scammers on the line while collecting data that could help disrupt their business modelGet our morning and afternoon news emails, free app or daily news podcastA scammer calls, and asks for a passcode. Malcolm, an elderly man with an English accent, is confused.“What’s this business you’re talking about?” Malcolm asks.Sign up for a weekly email featuring our best reads Continue reading...
  
  Read more

• Keir Starmer vows to focus on 'delivery and service' as he sets out first week as PM – video

  06-07-2024 15:09
  Speaking from No 10, Keir Starmer said he would set off on Sunday to visit all four UK nations before attending the Nato summit in Washington on Tuesday. He plans to visit Scotland, then Northern Ireland and Wales before returning to England. He said he would meet the first ministers to 'establish a way of working across the United Kingdom that will be different and better to the way of working that we’ve had in recent years, and to recognise the contributions of all four nations'Starmer t
  
  Read more

• HMRC withheld offshore tax avoidance figures for UK’s wealthy during election

  06-07-2024 14:00
  
  Pressure on officials to publish estimate of offshore tax avoidance in almost £40bn of uncollected revenuesTax officials are under pressure this weekend to publish estimated figures on offshore tax avoidance by some of the country’s wealthiest individuals after withholding the information in a report published during the election campaign.In June 2022, Lucy Frazer, then financial secretary to the Treasury, pledged that HM Revenue and Customs (HMRC) would publish figures on the offsho
  
  Read more

• I’m hungry, cold and have multiple disabilities. Does Starmer’s promise of real change include me? | Marie

  06-07-2024 12:00
  
  As a struggling single mother, the past 14 years have been brutal. I need to know he understands how hard life is for some of us in BritainWhen Keir Starmer stood on the steps of 10 Downing Street as our new prime minister, he spoke of hope and of a promise that things will change for the better. But hope is in short supply in my household. At the age of 44, I have never been this skint, this hungry, this cold or this worried.I am unable to work owing to multiple disabilities, and the past few m
  
  Read more

• Advertisement

• VIP Taylor Swift ticket holders get obstructed view – are pricey packages worth the cash?

  06-07-2024 11:00
  
  Pricey deals on the Eras tour shows are part of a growing trend – but some acts offer more for less cashComplaints from Taylor Swift fans who paid £660 each for premium concert seats but say their views were blocked by stage equipment have thrown the spotlight on “VIP” tickets and exactly what you get for your money.While some will be surprised that anyone would pay more than £600 for a ticket and a few items of “merch”, particularly in a cost of living
  
  Read more

• ‘It’s very troubling’: thieves use vulnerable man to take out £28,000 bank loan

  06-07-2024 08:00
  
  Metro Bank faces questions over safeguards and why victim was allowed to borrow such a big sumThe family of a deaf man who was groomed by a gang into taking out a £28,000 business loan has demanded to know how a vulnerable person, with virtually no assets, could be marched into a Metro Bank, and allowed to borrow such a huge sum.Peter James*, who has special educational needs, and who only communicates through British Sign Language, was being chased by the bank’s debt collectors
  
  Read more

Follow @financialnwsUK on Twitter!