Bank Account Fraud At Highest Level For Three Years
Cases of fraud involving current accounts have soared in the UK in the first quarter of 2012, new analysis has revealed.
Consumers Expect Inflation To Rise This Year
British consumers are expecting inflation to increase at a faster rate in the coming year than three months ago, a survey by the Bank of England has revealed.
Cash Use Up As Consumers Try To Curb Credit Card Debt
Consumers in the UK are using cash to pay for things, rather than a credit or debit card, in a bid to curb their spending as the double dip recession continues to bite.
Contactless Credit Card Payment Limit Increased
The payment limit for purchases made using a contactless debit or credit card has gone up from £15 to £20, it has been announced.
Visa Under Fire For Olympics Payment Monopoly
Credit card giant Visa has come under fire for trying to effectively ban the use of rival credit cards at the Olympic Games in London.
BCC Slashes Economic Growth Forecast For 2012
The British Chambers of Commerce has slashed its forecast for UK economic growth this year, blaming the government’s austerity measures.
Credit Card Lending Down In April 2012
Credit card lending has fallen by its largest monthly amount in more than five years, figures released by the Bank of England have shown.
Money Markets Predict No Base Rate Rise Until 2016
The Bank of England is unlikely to raise the current base rate until at least 2016 or 2017, money markets have predicted.
Consumers Will Be Hundreds Better Off This Year
UK consumers will be hundreds of pounds better off this year as a result of falling inflation and changes to the personal tax system, research has revealed.
Contactless Payment For Travel Fares Trialled
The rise of contactless payment technology is continuing, with train passengers soon to be able to use their mobile phones to pay their fare.
