economy
UK consumer losses as a result of financial fraud hit 4-year high in 2025
Figures will intensify pressure from banks for government to force tech groups to crack down on fraudulent activity
TL;DR
- UK consumer losses from financial fraud have hit a four-year high in 2025.
- The latest figures will increase pressure on the government.
- Banks are pushing for the government to compel tech groups to tackle fraud more effectively.