Podcasts about uk finance

Welcome to episode 259 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the UK announces the conviction of an international arms-trafficking network, and the European Union announces its latest sanctions package targeting Russia's "shadow fleet" and military-industrial capacity. UK Finance publishes a report designating the country's £1.3 billion fraud losses as a national security threat, and there is a surge in UK company strike-offs following the introduction of mandatory identity checks. High-ranking Virgin Islands officials have been sentenced for procurement fraud, and there is a four-year jail term for a director involved in a £3 million property insolvency scheme. Finally, the FCA has proposed an overhaul of its penalty regime to include inflation-adjusted fines, and the World Economic Forum warns of the emerging AI arms race as hackers increasingly move toward exploiting generative technologies to bypass traditional security.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial. The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1' by BenKirb from Pixabay.

In just a few days time the biggest shake up to renters rights in a generation will come into force in England. It will mean no more than one rent increase a year, an end to bidding wars an end to no fault evictions. The Renters' Rights Act will significantly change the current system not just for 11 million private renters in England but also their 2.3 million landlords. How will it work in practice?There's a call for urgent reform of recently introduced fraud regulations to better protect victims of push payment scams - when people are tricked, groomed or manipulated into transferring money to criminals. National Trading Standards says a 13 month time limit on how long people have to tell their banks they've been scammed means some victims aren't being refunded because it often takes much longer than that before they even realise their money's been stolen. The Payment Systems Regulator, which introduced the rules, says they provide a minimum standard for banks to meet. UK Finance says only a small number of cases ever fall outside the 13 month deadline and victims can always complain to the Financial Ombudsman Service.We'll ask if you should fix your energy bill now.And, how a disabled man lost £5,000 he'd raised for a new wheelchair after paying it into the wrong bank account.Presenter: Felicity Hannah Reporters: Dan Whitworth and Niamh McDermott Researcher: Jo Krasner Editor: Jess Quayle Senior News Editor: Sara Wadeson(First broadcast 12pm on Saturday 25th April 2026)

The financial sector stands at a pivotal juncture, with rapid advancements in AI, digital infrastructure, tokenisation, and other technologies intersecting with evolving regulatory priorities to redefine competitiveness, innovation, and risk management.Bob Wigley, Chairman of UK Finance, will deliver a forward-looking perspective on these transformative forces. Drawing from his leadership in shaping financial policy and his involvement in cutting-edge areas, including AI-driven solutions, sustainable finance, and emerging tech ecosystems, he will examine how current developments are influencing financial services, from regulatory adaptations to opportunities for growth and resilience.This session will explore strategies for navigating tech-driven change, addressing regulatory challenges, and positioning the UK and global finance for the decade ahead, with ample time for audience Q&A.

UK Finance has announced new accessibility guidelines for credit and debit cards. Our David Hogg speaks to Sabine Croxford from RNIB to find out more…

Andy Hart joins us this week to discuss the real reason most people don't get rich and his new book 'No Bullsh*t Money Advice'. This was a refreshing episode about why you're probably not rich yet and what to actually do about it.Andy's book

The UK's leading trade association for the UK banking and financial services sector, UK Finance has just launched a new set of guidelines pertaining to the accessibility of payment cards. They claim that 80% of the financial industry across the UK are actioning the recommendations, which include the standardisation of larger text sizes, and notches to identify different types of cards. Adam Scarrott is UK Finance's Director of Payments and he tells In Touch more about why these guidelines were brought about and we discuss the ongoing issue of touch screen payment terminals.The Motability Scheme enables disabled people to use certain benefits to lease a vehicle. But, the scheme is about to introduce some changes as a result of the government's Autumn budget. Nigel Fletcher is the Motability Foundation's CEO and he tells In Touch what these changes are, provides more detail about why they came about and when.Presenter: Peter White Producer: Beth Hemmings Production Coordinator: Helen Surtees Website image description: Peter White sits smiling in the centre of the image and he is wearing a dark green jumper. Above Peter's head is the BBC logo (three separate white squares house each of the three letters). Bottom centre and overlaying the image are the words "In Touch" and the Radio 4 logo (the word ‘radio' in a bold white font, with the number 4 inside of a white circle). The background is a bright mid-blue with two rectangles angled diagonally to the right. Both are behind Peter, one is a darker blue and the other is a lighter blue.

Igor Pejic is an author, speaker, and banker focusing on the tech sector, currently leading the mobile apps team for one of the largest banks in Europe. His new book, "Tech Money", uncovers the rules of investing in the age of artificial intelligence. He appears regularly in the New York Times, American Banker, Forbes, and Bloomberg. His Substack newsletter is called "The New Frontier", analyzing the latest trends in tech and finance. Pejic has taught at the University of Vienna and has spoken for the Financial Post, German Banking Association, UK Finance, and Centre for Finance, Technology, and Entrepreneurship. Learn more at https://www.igorpejic.net/. This episode is brought to you by Bryan Kuderna's new book, "Simply Wealthy: The 4-Step Plan for Financial Freedom". Click here to order your copy today-- https://www.penguinrandomhouse.com/books/823475/simply-wealthy-by-bryan-kuderna/.

In this episode, Rob Barnard sits down with Charles Roe, Director of Mortgages at UK Finance, to unpack the key forces shaping the UK mortgage and housing market in 2026. Together they explore UK Finance's latest forecasts, the industry's readiness for a major wave of refinancing, and how ongoing affordability pressures are reshaping buyer behaviour. Charles offers insight into lender flexibility and the growing importance of specialist lending. The conversation also covers the outlook for buy‑to‑let, what falling arrears reveal about borrower resilience, and the regulatory and policy changes brokers should prepare for this year. Charles closes by sharing his core message for lenders and intermediaries on maximising opportunities in a shifting, competitive market.

Here's why saving £10,000 will change your life. It's not just a number its SO much more than that. In this podcast we unpack why that is.Gains App launches in a few weeks.It's an AI-powered budgeting and cashback app designed to help you make more of your money.Every single person who joins the Gains app waitlist has a chance to win their shopping paid for an entire year.Join the waitlist HERE

Despite significant volumes of illicit finance flowing through the UK, asset recovery from kleptocratic networks remains limited. In this episode, regular KB host Robert Barrington speaks with Maria Nizzero, the Head of Sanctions Policy at UK Finance and Honorary Research Fellow at Exeter University, about her recent research that proposes reconceptualizing kleptocracy as a transnational criminal enterprise. Through comparative analysis of anti-racketeering legislation across multiple jurisdictions, the research identifies five distinctive features that enable more effective prosecution and asset recovery. These include targeting organizational structures rather than individuals, establishing liability through patterns of conduct, employing flexible evidentiary standards, and justifying intervention based on societal harm. The conversation examines how these frameworks address persistent challenges in kleptocracy cases, particularly the problem of tracing assets to historical predicate offenses in uncooperative jurisdictions, and explores the implications of situating illicit finance within national security frameworks rather than traditional corruption paradigms. Links to related papers: Nizzero, M., Heathershaw, J., and Mayne, T. 2026. The Kleptocratic Enterprise: Lessons from organised crime to target transnational corruption and strengthen asset recovery in the UK. GI ACE Working Paper. Brighton: University of Sussex. https://giace.org/resources/the-kleptocratic-enterprise/ Heathershaw, J., Prelec, T. and Mayne, T., 2021. Indulging kleptocracy: British service providers, postcommunist elites, and the enabling of corruption. Oxford University Press. https://academic.oup.com/book/58173 Nizzero, M. (2023). How to Seize a Billion: Exploring Mechanisms to Recover the Proceeds of Kleptocracy. SOC ACE Research Paper No. 16. Birmingham, UK: University of Birmingham.https://www.rusi.org/explore-our-research/publications/external-publications/how-seize-billion-exploring-mechanisms-recover-proceeds-kleptocracy

Cross our palms with silver and look deeply into the crystal ball. We're gazing into the future of financial crime in 2026. Consider this your 'Spoiler Alert' for the year ahead!Our expert host, Fredrik Riiser, is joined by Maria Nizzero, Head of Sanctions Policy at UK Finance, and Fredrik Drake, Director & FinCrime Lead Sweden at EY, to ask: Can we predict the 2026 financial crime roadmap?The panel discuss: the financial crime threats going forward, the future of prevention, and the key resolutions for the year ahead.Producer: Matthew Dunne-MilesEditor: Dominic Delargy____________________________________The Laundry podcast explores the complex world of financial crime, anti-money laundering (AML), compliance, sanctions, and global financial regulation.Hosted by Marit Rødevand, Fredrik Riiser, and Robin Lycka, each episode features in-depth conversations with leading experts from banking, fintech, regulatory bodies, and investigative journalism.Tune in as we dissect headline news, unpack regulatory trends, and examine the real-world consequences of non-compliance — all through a uniquely compliance-focused lens.The Laundry is proudly produced by Strise.Get in touch at: laundry@strise.aiSubscribe to our newsletter, Fresh Laundry, here. Hosted on Acast. See acast.com/privacy for more information.

As 2025 draws to a close, the Sustainability Uncovered podcast provides a look back at the year's biggest sustainable business trends - and a look ahead to what's in store for the green economy in 2026. In this episode, we ask UK Finance's sustainability policy team whether 2025 was really an annus horribilis for sustainable finance. They draw on insights from 300+ member businesses within the UK's banking, fintech and FS sectors. Your host is edie's content editor Sarah George. Your expert guests are Ian Bhullar and Agathe Durichon from UK Finance. Sustainability Uncovered uncovers some of the most inspiring and insightful sustainability and climate action stories from across the globe. The show features leader interviews, need-to-know round-ups, listener quizzes and more – all wrapped up into monthly episodes. Whether you're a business leader, climate expert, environmental professional, youth activist, or just have a passion for all things green – this podcast is for you! Say hello: podcast@fav-house.com

Mark Morton breaks down the post-budget chaos, covering leaks, delayed publications, and the heated public debate over policies like child benefit caps, while questioning the missing growth plan.For more information on this topic and more, please visit www.mercia-group.com for further details.

Forecasting into 2026 is already being shaped by lingering economic uncertainty, shifting consumer trends and tighter consumer spending. With the labour market slowing, the unemployment rate edging up and the impact of AI changing early-career roles, these pressures are influencing confidence, demand and how homebuyers and homeowners plan their next steps. This special episode of the Mortgage Insider podcast, recorded live at Barclays HQ in London, brings host Phil Spencer together with Claer Barrett, Consumer Editor at the Financial Times, Richard Donnell, Executive Director for Research at Zoopla, and Lee Hopley, Director of Economic Insight and Research at UK Finance, to explore these themes and much more. They tackle inflation, rising household bills and tax changes, and why younger households feel less certain about pay and job security. The discussion also looks at the growing role of the Bank of Mum and Dad, regional contrasts, changes in buy-to-let, the move towards more structured portfolios, the value of protection and the expected spike in remortgage activity over the next year. With buyers and homeowners facing increased financial pressure, the panel set out why the advice process matters more than ever and offer the insight brokers need to support a wide range of client needs as we head into 2026. This episode was recorded live at Barclays HQ in Canary Wharf on 18 November, one week before the Autumn Budget.See omnystudio.com/listener for privacy information.

Cash now accounts for less than 10% of all the retail payments we make. New figures out this week UK Finance, which represents banks and others, show the latest in the long term decline of cash. Just over a year ago new rules from the regulator, the Financial Conduct Authority said banks had to ensure customers had access to their cash and could take their money out in cash, but at the same time the number of shops putting up the card only signs has increased. What does that mean for the future of cash?On Monday it will be 6 months until the state pension age begins to rise from 66 to 67. How will that transition work?The price cap on electricity and gas went up this week - affecting millions of households across England, Wales and Scotland. The energy regulator, Ofgem, says gas and electricity bills will increase by an average of 2% but it's the costs of electricity that's rising, not gas.And what can do to ensure that your pension is being invested ethically?  Presenter: Paul Lewis Reporters: Luke Wilson and Niamh McDermott Researcher: Eimear Devlin and Jo Krasner Editor: Jess Quayle Senior News Editor: Sara Wadeson(First broadcast 12pm Saturday 4th October 2025)

In this episode we are exploring the relationship between financial institutions and the built environment in relation to sustainability, building performance and mitigating climate change with Ian Bhullar and Ronnell Reffell from UK Finance, the UK financial sector's membership organisation.The episode itself was prompted by a report that UK Finance published in relation to the incoming UK Government's own Warm Homes Plan: Greening Homes, Creating Growth: Unlocking demand for green home finance. Its recommendations will be familiar to anyone who has been working in the green building sector but it's notable because these arguments and demands are being presented by the banks and lenders.For us this presented an opportunity to find out what the finance sector is actually thinking about how to address the demands of the built environment in relation to climate change and the financial risk that comes with it. Most importantly, they're serious about the matter—this is not ESG-style fluff, they know they need to draw in expertise from built environment professional and they want to know what people like you think.Notes from the showIan Bhullar on LinkedinRonnell Reffell on Linkedin The UK Finance website The report itself—Greening Homes, Creating Growth: Unlocking demand for green home finance**SOME SELF-PROMOTING CALLS TO ACTION**We don't actually earn anything from this podcast, and it's quite a lot of work, so we have to promote the day jobs.Follow us on the Zero Ambitions LinkedIn page (we still don't have a proper website)Jeff and Dan about Zero Ambitions Partners (the consultancy) for help with positioning and communications strategy, customer/user research and engagement strategy, carbon calculations and EPDs – we're up to all sortsSubscribe and advertise with Passive House Plus (UK edition here too)Check Lloyd Alter's Substack: Carbon UpfrontJoin ACANJoin the AECB Join the IGBCCheck out Her Retrofit Space, the renovation and retrofit platform for women**END OF SELF-PROMOTING CALLS TO ACTION**

SSV Capital PLC corporate finance team member Murtaza Memon joined Stephen Gunnion in the Proactive studio with more on the company's focus on open banking and its potential to transform financial services in the United Kingdom and beyond. Memon described open banking as a “seismic shift” in how money moves between people and organisations, calling it a frictionless mechanism for payments that will support the rapid scaling of new financial products. According to him, open banking isn't just a set of regulations, but a “springboard of innovation”. While acknowledging that many still see open banking as niche or limited to fintechs, Memon argued that it's already becoming mainstream. He noted, “A lot of credit decisions that are being done right now are being done through data, which is shared on open banking.” He pointed to the adoption of QR code and account-to-account payments across Asia as evidence of the model's scalability, predicting that within five years, open banking will simply be “the way finance works”. To achieve greater scale in the UK, Memon said that SMEs are beginning to adopt the technology, large industry players are investing in it, and consumer education will be key. He noted that eventually, consumers will be using open banking without even realising it. For more interviews like this, visit Proactive's YouTube channel. Don't forget to like the video, subscribe, and enable notifications for future content. #SSVCapital #OpenBanking #FintechUK #DigitalPayments #FinancialInnovation #MurtazaMemon #BankingTechnology #SMEs #ProactiveInvestors #FinanceNews

In this episode of the Sustainable Finance Guernsey podcast, our host Rosie Allsopp speaks with Ashleigh Lee from the City of London Transition Finance Council. They discuss the role of transition finance in decarbonising high-emitting sectors, the insights gained from London Climate Action Week, and the objectives of the Transition Finance Council.Learn more about the City of London Transition Finance Council here Connect with Ashleigh on LinkedIn hereConnect with Guernsey Finance on LinkedIn

In this bonus episode, Dr Nicola Sharp-Jeffs returns to explore the newly released 2025 Financial Abuse Code from UK Finance. Building on a decade of development, the Code outlines seven pillars for firms to better identify and support customers. But how well will it protect victim-survivors of economic abuse? Nicola explains all to Chris Fitch. https://www.linkedin.com/in/dr-nicola-sharp-jeffs-obe-cf-frsa-685a646/ https://allthingseconomicabuse.com/ https://www.ukfinance.org.uk/system/files/202504/Financial%20Abuse%20Code%20report.pdf

Three quarters of financial firms are already using Artificial Intelligence, according to the Bank of England and the Financial Conduct Authority, with more set to follow in future.Last month a new inquiry by the Treasury Committee began looking into the potential impacts of AI in banking, pensions and other financial services.So what does that all mean for your money? We speak to the experts about how it's being used, the rise of the chat bot and how to spot AI scams after one woman lost £10,000 to fraudsters. Joining Felicity Hannah this week are Gbenga Ibikunle, Professor and Chair of Finance of Edinburgh University and Jana Mackintosh, Managing Director for Payments and Innovation at UK Finance. Presenter: Felicity Hannah Producer: Sarah Rogers and Catherine Lund Editor: Sarah Rogers(This episode was first broadcast at 3pm on Radio 4 on the 18th of June 2025)

Hundreds of millions of pounds was stolen from people in 2024 by thieves who tricked them, manipulated them, and then drained their bank accounts. The latest figures from UK Finance show that more than £450m was handed over to criminals in that way. That was slightly less than in 2023 but there were fewer cases - down 20% to just under 186,000. So those who were robbed lost more - an average of more than £2,400. What kind of scams were most common and what can you do to avoid them?There have been several high profile cyber attacks on businesses recently. But apart from downed deliveries and empty shelves, what impact can they have on other areas of a business that weren't directly attacked?Major changes to the laws about making a will have been proposed to the government by the Law Commission. Its job is to recommend changes in the laws in England and Wales to improve or simplify them. And what should people do if they think they're owed compensation by their energy company following the prepayment meter scandal?Presenter: Paul Lewis Reporter: Sarah Rogers Researcher: Eimear Devlin and Jo Krasner Editor: Jess Quayle(First broadcast at 12pm on Saturday 31st May, 2025)

For years, two-year fixes were the mortgage of choice for most homeowners - but borrowers piled into five-year deals in 2022 and 2023 in a bid to lock in super-low rates. Now, UK Finance figures show shorter fixed deals are once again back in vogue. Does that mean people think rates are heading down - and what do you need to think about when choosing yours? This is Money's Helen Crane and Georgie Frost discuss.  Elsewhere in the property market, TSB data reveals that the average first-time buyer is now past their 30th birthday in all but one region of Britain. Perhaps more surprisingly, though, the amount people borrowed from family to get on the property ladder went down last year.  The team ask why that is, and tips for saving a house deposit.  Donald Trump's tariffs have continued to dominate the headlines this week, causing a whirlwind on the global markets.  Is this going to bring down savings rates for good, and what can people do with their money instead?  On the bright side, though, it means there might be a very short window in which you can buy a cheap TV. We are also running a listener survey, to get your thoughts on what you like about the podcast and what we can improve. We would really appreciate if you could take a few minutes to fill it in - you can do so here. 

On 4 December 2024 Future of Finance hosted a one-day event at the offices of AON in London. Entitled Digital asset custody: What do asset managers and asset owners need to know about digital asset custody and custodians?, the event attracted 160 registrants from asset managers, banks, custodian banks, digital asset custodians, exchanges, financial market infrastructures, insurers, investment consultants, law firms, regulators and technology vendors. This is an account of what they and the panellists contributed to the seven sessions that day, both live and in the multiple-choice questionnaire they completed in advance, the results of which are also published here.The panellists for this discussion were John Siena, Associate General Counsel and Co-Head of Regulatory Strategy at Brown Brothers Harriman (BBH); Monica Gogna, Partner and Head of the Financial Institutions Law Group at EY; Romin Dabir, partner at Reed Smith; and Yvonne Deane Harte, Director for Secondary Markets and Post Trade policy at UK Finance. Hosted on Acast. See acast.com/privacy for more information.

Around 9 out of 10 charities have told a new report they've had at least one issue with banking in the past two years. The Charity Finance Group and National Council for Voluntary Organisations spoke to almost 2,000 charities in the UK and found more than three quarters had struggled to change the named signatories on their bank account and 4 in 10 said that the checks they were asked to complete weren't designed for voluntary organisations. We'll speak to one of the authors of that report and get reaction from UK Finance, which represents banks.What were the key announcements in the Scottish Budget? We'll discuss income tax thresholds and a promise to lift the two-child benefit cap.If you're a pensioner missing the Winter Fuel Payment this year - what other help could you get if you're struggling? We'll look at Attendance Allowance - who's eligible and how you can apply.And, what's the best advice to make sure you're not inadvertently insuring the same thing twice?Presenter: Felicity Hannah Reporter: Dan Whitworth Researchers: Emma Smith and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 7th December 2024)

Four months after taking office, the UK's Labour government and its Finance Minister Rachel Reeves are unveiling their first budget to the House of Commons this Wednesday. In this edition, we take a look at the big spending items on the agenda and at how Prime Minister Keir Starmer's government is hoping to reduce the national deficit. Also in the show, we report on Chinese smartphone and house appliance maker Xiaomi's meteoric rise in the world of electric vehicles.

A new report given exclusively to Money Box is calling for more help for working families on Universal Credit. The University of Bath's Institute for Policy Research wants the government to raise earning thresholds for extra help like free school meals, NHS prescriptions, council tax support and NHS dental help. The government says it's committed to supporting low-income families by extending the Household Support Fund by £421 million. It also told us its commitment to reviewing Universal Credit so people receive the support they need, saying it is taking "bold action" to help people into work so they can gain financial independence and break down the barriers to opportunity.Banking Hubs should start offering more help for customers with advice on scams, getting online and creating Power of Attorneys according to the former chair of the watchdog, the Financial Conduct Authority. Charles Randell, who's now a member of the Financial Inclusion Committee, says banks need to invest more in the hubs as bank branch closures continue to hit communities with more than 6,000 having closed since 2015. UK Finance, which represents banks, says significant ongoing investment is being made to support customers with access to cash and day to day banking needs.What changes could the Chancellor make to ISAs and Dividends in her October Budget?And energy prices go up next week - what does it mean for you and how does it work?Presenter: Paul Lewis Reporters: Dan Whitworth and Catherine Lund Researchers: Emma Smith and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 28th September 2024)

Lucinda Rouse and Emily Harle are joined by Clare Mills, deputy chief executive of the Charity Finance Group, and Mike Conroy, director of commercial finance at the banking trade association UK Finance.They start by listening to an account of contrasting experiences with two high street banks by Cat Ross, chief executive of Baby Basics and volunteer director of Rwanda Child.Clare describes recent progress in strengthening the relationship between banks and charity infrastructure bodies, as well as an uptake in digital banking services by charities. She also stresses the need for banks to simplify their administrative requirements.Mike explains why charity customers often present complications to banks, not least due to the varied nature of charity governance structures. He outlines measures to improve communication and understanding on both sides, including a new Voluntary Organisation Banking Guide published by UK Finance.Also in the episode, reporter Dami Adewale talks about his recent long read exploring how charities can contribute to the longer term response to the recent riots. Do you have stories of people whose lives have been transformed for the better thanks to your charity? If so, we'd like to hear them! All it takes is a short voice message to be featured on this podcast. Email lucinda.rouse@haymarket.com for further information.Tell us what you think of the Third Sector Podcast! Please take five minutes to let us know how we can bring you the most relevant, useful content. To fill in the survey, click here. Hosted on Acast. See acast.com/privacy for more information.

When FT columnist Miranda Green lost her father, she expected the grief to be long-lived. What she didn't expect was that she would still be attempting to settle her father's financial affairs nearly a year later with multiple calls to banks, building societies, insurers and utility companies. In an episode which first aired last September, Miranda tells presenter Claer Barrett about her experiences dealing with inconsiderate call handlers and poor processes in the private sector. Claer puts Miranda's concerns to Eric Leenders, the director of personal finance at UK Finance, the trade body that represents about 300 financial services organisations. What are they doing to address the problem? Want more? Listen to the second part of this series, Help! My parents are being targeted by scammersRead Miranda Green's article for free: Sadmin - the side hustle nobody wantsServices mentioned in the podcast: https://www.gov.uk/after-a-death/organisations-you-need-to-contact-and-tell-us-oncehttps://www.mylostaccount.org.ukhttps://www.deathnotificationservice.co.ukFor more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at FT.com/moneycourseIf you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she's @ClaerB on Instagram and TikTok.Want more?Check out Claer's column, Widowed pensioners ‘could be owed thousands' in UK state pension.Listen to more episodes, such as How can I cut the cost of my insurance cover?, Can financial therapy change our relationship with money?, and more.Presented by Claer Barrett. Produced by Philippa Goodrich and Laurence Knight. Our executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music.Read the transcript of this episode which was first aired last September on FT.com Hosted on Acast. See acast.com/privacy for more information.

New tactics to fight mobile phone fraud are being rolled out across England and Wales. It's when mobile phones are stolen not for the value of the physical handset but for criminals to access the banking and financial apps and steal money from victims. Paul Lewis speaks to the national lead on robbery, Commander Richard Smith, about how new intelligence and techniques to pursue suspects have led to arrests and prosecutions going to court.More and more of us are paying tax on our savings. Recent figures suggest that in April over 6 million savings accounts were set to earn enough interest to have to pay tax. That is more than double the number of accounts the year before, according to analysis by the lender Shawbrook. In November, HMRC told us that for the majority of customers this tax on savings interest is automatically collected using their tax code, but many listeners get in touch concerned they will have to pay tax and wondering how to do it. What should they do?Listeners and lawyers who are court appointed deputies say banks won't let them act properly for the person they protect. We'll speak to the Association of Lifetime Lawyers about what they're seeing. UK Finance, which represents banks, says it knows there's more to be done and that it's working with members and government bodies to look at how greater consistency can be achieved across the industry.And, what's a children's pension and how do they work?Presenter: Paul Lewis Reporters: Dan Whitworth and Catherine Lund Researcher: Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 20th July 2024)

This time next week the General Election will be over. As the days count down we'll get into the nitty gritty with listener questions on Inheritance Tax, Capital Gains Tax and ISAs. Some lawyers and listeners who are acting as powers of attorney have told Money Box they're having problems dealing with banks on behalf of their clients and relatives. The Association of Lifetime Lawyers, a group of legal professionals who support vulnerable and older people, has also told this programme banks need a more streamlined and consistent approach to dealing with powers of attorney. UK Finance which speaks for the banks acknowledged there is more to be done. It says banks are working with members and government bodies to look at how greater consistency can be achieved across the industry.And a tribute to former Money Box presenter and founder Vincent Duggleby, who sadly passed away earlier this month.Presenter: Paul Lewis Reporter: Felicity Hannah Researchers: Neil Morrow, Catherine Lund and Jo Krasner Editor: Jess Quayle (First broadcast 12pm Saturday 29th June 2024)

A new report from the Finance Industry Peak Body, UK Finance, which represents more than 300 firms in the UK, reveals that cash remained the second most popular payment method, after debit cards – with an estimated three million people still relying on it. Their research suggests 1.5 million mainly used cash in 2023, up … Continue reading "Cash Transaction Usage On The Rise (Despite The Banks' Best Worse Efforts)!"

It's been quite a month for elections in Europe, but in this episode, Regulatory Intelligence's Lindsey Rogerson, Mike Cowan, and Rachel Wolcott pick out what financial services should be aware of after the Labour party's win in the UK election on July 5. The financial services sector certainly will play a part in Labour's growth plans. The party's financial services plan, published in January said: “We will unashamedly champion our financial services sector as one of the UK's greatest assets.”Rachel Reeves, the new Chancellor of the Exchequer and the first woman to hold the post in 800 years, has been warmly received by women working in Britain's finance sector. Her appointment as well as the increase in diversity in members of parliament across all parties was called a break-through moment at this week's Women in Finance summit held in London. Tulip Siddiq was appointed as City Minister as the podcast was going to press. She had been Labour's shadow City Minister since 2021. On July 8 Reeves told an audience of financial services and green industry leaders that economic growth is a national mission. She also announced Labour will go ahead with a national wealth fund with a remit to invest in and catalyse private sector investment in new and growing industries.This discussion was recorded on 8th July, things will change when the government gets going with its first King's Speech setting out its legislative agenda and announces its budget in the fall. There will be a wait to hear whether the new government prioritizes crypto and pushes forward with that regulatory workstream, where it lands on economic crime and how it will push forward the green finance agenda as well as changes to the car insurance market—to name but a few items in its bulging inbox. Perhaps the biggest question now, however, is whether the government will do something for financial services when it comes to doing business with the European Union. LinksLabour's financing growth plan: https://labour.org.uk/updates/stories/financing-growth-labours-plan-for-financial-services/ UK Finance publishes financial services manifesto: https://www.ukfinance.org.uk/news-and-insight/press-release/uk-finance-publishes-financial-services-manifesto Contact us:Rachel.Wolcott@thomsonreuters.com, Lindsey.Rogerson@thomsonreuters.com, mike.cowan@thomsonreuters.com. Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

What are the financial issues that you will be considering when you decide how to cast your vote in the General Election in July? Research shows that the economy and inflation are two big issues on our minds - we'll hear from some potential voters on what they'd like to see.New figures from UK Finance, which represents banks and other finance firms, revealed that in 2023 a record number of people lost more than £450 million to thieves who tricked them, manipulated them and then drained their bank account. The slightly better news is that more of them got their money back. We'll delve into the details.And almost three quarters of a million tax credit renewal letters are hitting people's doormats over the next few weeks - and thousands of people will need to act or face losing their payments. What should you do if that's you? Presenter: Paul Lewis Reporters: Dan Whitworth, Sandra Hardial and Neil Morrow Studio Producer: Craig Henderson Editor: Jess Quayle(This programme was first broadcast Saturday 25th May 2024)

In this episode Rachel Wolcott, senior editor, welcomes special guest Justine Walker to the podcast. Justine is the Association of Certified Anti-Money Laundering Specialists' (ACAMS) global head–sanctions, compliance, and risk and its vice-president for thought leadership. She is an expert on sanctions, counterterrorism, and financial crime she has held specialist positions within the UK's Financial Conduct Authority, HM Treasury, the United Nations Office on Drugs and Crime and UK Finance.Russia's invasion of Ukraine in 2022 ushered in a new set of unprecedented sanctions, including the imposition of a novel oil price cap, meant to stop Russia selling oil above $60 a barrel. But Russia seems to be able to get everything it needs to keep the war going. Justine expects enforcement action to unfold as the year progresses."We're entering into a much more aggressive phase regarding the price cap, we've got new price capacitation requirements, we've had a flurry of new guidance. We're probably going to see this play out in terms of more enforcement, and I think this year is going to be pretty informative in terms of how the oil price cap will end up being in terms of a longer-term tool," Justine told Compliance Clarified.Justine emphasized the importance of Executive Order 14114, signed last year by President Biden, which ratchets up secondary sanction risk for non-U.S. financial institutions which give direct support to Russia's military-industrial base but also for indirect assistance, such as facilitating customers' dealings or providing services to customer transactions related to Russia's military-industrial base.Justine explained the convergence of export controls with anti-money laundering (AML) and sanctions compliance. She emphasized the need for financial institutions to be proactive in identifying sensitive technologies and strategic trade, which are increasingly becoming a focus for the Group of Seven governments."One of the big challenges is this merger between export control requirements, AML and sanctions. There's been more of a nexus between AML and sanctions, but the nexus with export controls has not been there to what we're now seeing is being asked. We're seeing much greater expectations from governments, that financial institutions will become more proactive in their thinking around their role in sensitive technology, strategic trade, export control, and that is a whole area of speciality in itself" Justine said.Links:ACAMS's Global Threat Report: https://www.acamstoday.org/global-afc-threats-report/INSIGHT: Latest U.S. warnings to foreign banks doing significant Russia business may herald sanctionsenforcement action Inside Paywall: http://go-ri.tr.com/3ZIw6BOutside Paywall: https://regintel-content.thomsonreuters.com/document/I899083B0DCA811EE925AD4411E508A2D/INSIGHT:-Latest-U.S.-warnings-to-foreign-banks-doing-significant-Russia-business-may-herald-sanctions-enforcement-action-07-03-2024U.S. targets Russian "malign activities" linked to Wagner Group in Central African Republic: https://regintel-content.thomsonreuters.com/document/I87D16B80DD8D11EE985CDDFFB3F5522A/U.S.-targets-Russian-'malign-activities'-linked-to-Wagner-Group-in-Central-African-Republic-11-03-2024EU sanctions: new rules to crack down on violations | News | European Parliament: https://www.europarl.europa.eu/news/en/press-room/20240308IPR19002/eu-sanctions-new-rules-to-crack-down-on-violationsPrevious episodes:Season 10, Episode 5: How Mekong region organized crime built a global cryptocurrency money laundering network: https://podcasts.apple.com/gb/podcast/season-10-episode-5-how-mekong-region-organized-crime/id1548510826?i=1000646371712Season 9, Episode 8: Hamas, terrorist financing and the U.S. response to the 7 October attack: https://podcasts.apple.com/gb/podcast/season-9-episode-8-hamas-terrorist-financing-and-the-u/id1548510826?i=1000635015943Series 9, Episode 3: North Korea, Russia, crypto and changing attitudes to sanctions in Asia: https://podcasts.apple.com/gb/podcast/series-9-episode-3-north-korea-russia-crypto-and/id1548510826?i=1000631061413Contact us:Rachel.wolcott@thomsonreuters.comMore information about Thomson Reuters Regulatory Intelligence: https://legal.thomsonreuters.com/en/products/regulatory-intelligence Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

This week we're tackling the cost of the festive season and looking at how to avoid scams. The cost of Christmas is up almost a quarter over the last three years according to the The Centre for Economics and Business Research. What can you do to keep costs down?And as figures from UK Finance, the trade body for banks, suggest nearly £100m will be stolen from around 200,000 people through fraud and scams over the Christmas period we'll discuss what you can do to avoid them.With Felicity Hannah today to go through your questions and comments we have Sarah Pennells, consumer finance specialist at Royal London and Professor Sharon Collard, Research Director at the University of Bristol's Personal Finance Research Centre.We'll also be hearing from Paul Askew a chef and the owner of the Art School restaurant in Liverpool and he'll be giving us some tips on how to cut the cost of Christmas Dinner.Presenter: Felicity Hannah Producer: Sarah Rogers Reporters: Dan Whitworth and Kath Paddison Editor: Jess Quayle(First broadcast 3pm Wednesday 13th December, 2023)

Property buyers have said their home completions are being left in limbo after a company providing IT services to law firms was hit by a cyber incident. Money Box has found some of the UK's largest lenders have begun extending mortgage offers for those affected. A national debt charity is calling on lenders to improve the way they identify customers who're getting into problem debt. StepChange says its recent research shows almost half of people with credit debt are experiencing difficulty with household bills and 1 in 6 adults are using credit to make ends meet. UK Finance which represents banks and credit card companies says lenders are committed to lending responsibly.Charities are facing weeks or even months unable to access their own money thanks to the unexpected closures of their bank accounts. We've been getting emails about accounts being closed without people being given any reason or warning. UK Finance says banks will only take a decision to close an account after an extensive review and analysis. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 2nd December 2023)

In this episode of The Power of Data Podcast, Sara de la Torre, Head of Financial Services at Dun & Bradstreet in the UK, engages in a conversation with Dame Teresa Graham, UK Chair at UK Finance for SME's, and Dun & Bradstreet's, Ravi Sidhu, our Subject Matter Expert for Credit Risk and Compliance for SME's. The conversation centers on unlocking SME growth in the UK, delving into the transformation of SME finance, exploring the drive for innovation, and discussing contributions towards overarching economic and environmental sustainability goals. 

More than £500m was stolen by fraudsters in the first half of 2023, according to figures from UK Finance. This is less than the same period in 2022, but Authorised Push Payment (APP) scams, where people are tricked into transferring money to thieves, are on the rise. We ask what can be done to fight back against the fraudsters, both on a personal and industry-wide level? Joining Felicity Hannah are Ben Donaldson, Director of Economic Crime at UK Finance, TSB's Manager of Fraud Operations, Paul Davis and Kathryn Westmore, Senior Research Fellow at the Centre for Financial Crime and Security at the Royal United Services Institute (RUSI) think tank. Plus Dan Whitworth goes behind the scenes at TSB's Fraud Prevention Centre in Sunderland. And we hear from case studies who've lost money, managed to get it back – but been left devastated by being scammed. Presenter: Felicity Hannah Reporter: Dan Whitworth Producers: Sam Clack and Sarah Rogers Editor: Jess Quayle (First broadcast 3pm, Wednesday 25th October, 2023)

When FT columnist Miranda Green lost her father, she expected the grief to be long-lived. What she didn't expect was that she would still be attempting to settle her father's financial affairs nearly a year later with multiple calls to banks, building societies, insurers and utilities. She tells presenter Claer Barrett about her experience of inconsiderate call handlers and poor processes in the private sector and Claer puts Miranda's concerns to Eric Leenders, the director of personal finance at UK Finance, the trade body that represents about 300 financial services organisations. What are they doing to address the problem?Want more? Free link:Sadmin - the side hustle nobody wantsServices mentioned in the podcast:https://www.gov.uk/after-a-death/organisations-you-need-to-contact-and-tell-us-oncehttps://www.mylostaccount.org.uk/https://www.deathnotificationservice.co.uk/If you'd like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help. Follow Claer on X, formerly Twitter, and Instagram @ClaerbPresented by Claer Barrett. Produced by Philippa Goodrich and Laurence Knight. Our executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Scammers try to take advantage of human politeness. Utilizing critical thinking and slowing down conversations with someone who claims to be an authority like a government agency or bank could be what prevents us from making a financial mistake. Today's guest is Giles Mason. Giles is the Director of Campaigns at UK Finance. He is responsible for planning and delivering the organization's communication activities to promote campaigns on behalf of the banking and finance industry. Show Notes: [0:50] - Giles shares his background and current role at UK Finance. [2:36] - In 2016, UK Finance launched Take Five to Stop Fraud. [4:03] - Many victims of fraud often think after they've responded to a scammer that they could tell that something wasn't quite right. [5:36] - The biggest trend at the moment is purchase scams. [6:16] - The type of scam that normally sees the greatest fraud is impersonation scams. [9:08] - Scams that banks see are typically payment scams through their bank account. [10:10] - Once a payment is made, most of the time there's nothing you can do about it. Banks will do what they can, but it's not always possible. [12:38] - There are even scams that involve purchasing a home which are terrible because of the sheer amount of money involved. [14:04] - Hang up and call the number you know for certain is your bank. [17:13] - As humans, we want to be supportive and respect perceived authority. [18:38] - Scammers typically won't have a good reaction to you saying that you will call the number you know, which is a sign that they are not who they say they are. [21:10] - Young people are more willing to share information about a scam. [23:35] - While Giles has not fallen victim to a scam, he has had multiple attempts. [25:41] - Giles describes some of the trends in scamming. [27:48] - Stop, challenge, and protect. Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.  Links and Resources: Podcast Web Page Facebook Page whatismyipaddress.com Easy Prey on Instagram Easy Prey on Twitter Easy Prey on LinkedIn Easy Prey on YouTube Easy Prey on Pinterest Take Five to Stop Fraud Home Page

The Ins And Outs Of British English Money Idioms Hey, English Learners! Ready to unlock the mystery of British money idioms? Forget about hitting language barriers— Adept English has got you covered with another great #englishlesson that's jam-packed with value.

Bank bosses are being asked to explain why interest rates on savings aren't keeping up with the rising cost of borrowing. The heads of Lloyds, HSBC, NatWest and Barclays banks will meet the Financial Conduct Authority (FCA) on Thursday. Chancellor Jeremy Hunt has already stepped in to tell banks to put up rates for savers. At the moment the Bank of England base rate is 5 per cent, following last months 13th consecutive rise. UK Finance who speak for banks say "savings rates are driven by a number of factors," not just the base rate. Laura Suter, head of Personal Finance at AJ Bell and Kirsty Stone, Chartered Financial Planner at The Private Office, are here to help make sense of your savings. Presenter: Adam Shaw Producer: Sarah Rogers Editor: Jess Quayle (First broadcast 3pm, Wednesday 5th July, 2023)

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $30,304 Eth is up slightly at $1,922 XRP down slightly at 81 cents SEC not providing support for major congressional effort  French officials diss SEC crypto regulation attempts SEC Chairman Gensler asks for $72M more in funding from congress. FTX administrators seek to recover $71M from philanthropic endeavors Toonstar promises FTX show "FORTUN3" this fall. UK Finance ministry rejects idea of regulating crypto as gambling. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this revealing episode, we sit down with Assaf, a former member of Fakebook's integrity team, to explore the complexities of combating scams and fraud on social media platforms. Assaf shares candid insights into the challenges faced by the team in preserving user safety while maintaining platform integrity. We delve into shutting down fake accounts, the impact on PR on the team's work and the importance of industry collaboration, particularly with law enforcement agencies. Join us as we uncover the strategies and considerations involved in making social media a safer place for users, with a focus on building productive partnerships and preventing potential scams.Find Assaf on LinkedIn: https://www.linkedin.com/in/assafkipnis/This podcast is hosted by Ayelet Biger-Levin who spent the last 15 years building technology to help financial institutions authenticate their customers and identify fraud. She believes that when it comes to scams, the story starts well before the transaction. She has created this podcast to talk about the human side of scams, and to learn from people who have decided to dedicate their lives to speaking up on behalf of scam victims and who take action to solve this problem. Be sure to follow her on LinkedIn and reach out to learn about her additional activities in this space. https://www.linkedin.com/in/ayelet-biger-levin/ Also check out https://scamranger.ai if you had received a message that you suspect is a scam

Get ready to challenge what we know about the fusion of AI and cryptocurrency. Today, we're set to demystify the intricate connections they share and how the phenomenal blockchain technology is stepping up to resolve the challenges AI springs up.We're also diving headfirst into the financial sphere as we dissect recent shifts in the attitudes of big names like the IMF and the European Commissioner for Financial Services towards cryptocurrency. We've got some thought-provoking discussions lined up with Bob Wiggly of UK Finance and Hal Scott from Harvard Law School who've been vocal about the tremendous potential of tokenization.Lastly, we're going to examine the skyrocketing interest in Bitcoin among financial advisors and the potential ripple effects of a Bitcoin ETF. Let's unveil the secret behind the popularity of ETFs and the surprising reasons why a Bitcoin ETF remains elusive.Subscribe to podcast updates | Ask Ric | Ric's Books-----Links from today's show:OpenAI's Sam Altman Raises $115 Million for Worldcoin Crypto ProjectCitadel Securities, Virtu Form Crypto Plan with Fidelity, SchwabThree Challenges in Cryptocurrency RegulationLeveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor SaysDACFP - Certificate in Blockchain and Digital AssetsGlobal X Artificial Intelligence and Technology ETF (Ticker AIQ)7/12 Live Webinar with Ric on Crypto SMAs - Register hereFollow Ric on social media:Facebook | Instagram | LinkedIn | Twitter | YouTubeBrought to you by:Global X ETFsInvesco QQQSchwabDisclosure page-----

Your daily news in under three minutes. 

The new British Chancellor of the Exchequer, Jeremy Hunt, has admitted the government made mistakes in last month's economic policy announcement, and difficult decisions would now have to be taken. He's promised to restore certainty to public finances, after weeks of market instability. Also in the programme: We get an in-depth look into the Chinese leader Xi Jinping; what is Elon Musk doing above the skies of Ukraine and why is he saying he might stop; and disruption to the internet in Iran has been recorded as activists call for an intensification of anti-government protests. (Photo: Jeremy Hun. Credit: Getty Images)

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $19,161 Ethereum is down slightly at $1286 Binance Coin is down slightly at $270 Jeremy Hunt replaces Kwasi Kwerteng as UK Finance minister. Mango Markets grants hacker $47M bounty — the largest ever. Wintermute pays off $96M loan to TrueFi. Stash closes $52M debt round. Magic Eden to make NFT artist payments optional. Learn more about your ad choices. Visit megaphone.fm/adchoices

The British government is fighting to restore its battered financial reputation after weeks of political and market turmoil. The UK's prime minister Liz Truss has made a major reversal on her tax policy, and appointed a new finance minister. We'll consider the political and economic implications of this unfolding story. Also in the programme: the United Nations warns of a severe food crisis in Haiti; and today marks a month since street protests in Iran began with the death, in police custody, of a 22-year-old woman. (Photo shows The outgoing UK finance minister Kwarteng leaves 11 Downing Street, the official residence of the office-holder. Credit: Neil Hall/EPA)