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5.9 Million People In UK Have Been Victims Of Financial Fraud

12% of UK adults have been victims of financial fraud

According to Gocompare.com, as much as 12% of UK adults (5.9 million people) have been victims of financial fraud, with one in 10 admitting that at least one of their online accounts has been hacked.  Their research also found out that close to 66% of adults share their personal information such as birthdays, anniversaries and

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UK Plans A Sharp Break With The European Union

Theresa May reassured bankers and companies that Business will be open.

Even as UK Plans A Sharp Break With The European Union, Prime Minister Theresa May reassured bankers and multinational companies that Britain will be open for business and is committed to free trade and globalization. Her support for free trade was slightly contradictory, especially after Britain’s decision to quit the largest free-trade grouping on earth,

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Green Investment Bank being sold to private firm Macquarie

Caroline Lucas, co-leader of the Green party, called in for a debate arguing the Green Investment bank being sold to Macquarie.

MPs from across the parties has urged Theresa May to stop the Green Investment Bank being soled to private firm Macquarie, in the fear that the assets will be stripped and its environmental purpose may be abandoned. Caroline Lucas, co-leader of the Green party, called in for a debate arguing the whole process should be

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Barclays – Whether UK will still be the financial center of Europe

Barclays boss Jes Staley breathes easy saying that London will continue to be the ‘financial lungs’ of Europe

Amidst the confusion whether UK will still be the financial center of Europe,  Barclays boss Jes Staley breathes easy saying that London will continue to be the ‘financial lungs’ of Europe. This comes after several European capitals have been heavily courting banks to move operations to their country, and banks like HSBC said it would

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EU’s chief Brexit negotiator wants to bring out a special deal for UK banking

EU’s chief Brexit negotiator wants to bring out a special deal for UK banking. However, reports observe both Britain and Europe failing to do so. Mark Carney spoke about the UK being “the investment banker for Europe”  where wholesale financial market’s trading activity tends to concentrate in keeping costs low. This liquidity effect rewards regional

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