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APP fraud losses surge by 12% in H1

Authorised push payment (APP) fraud losses in the UK hit £257.5 million in the first half of 2025, a 12 per cent increase on the same time last year, according to the latest data from UK Finance.

UK launches £2.5bn startup initiative

The UK government has launched a series of initiatives designed to attract more foreign fintech experts to work for UK startups and to encourage those same startups to remain in the UK rather than uproot to an EU-based neighbouring jurisdiction.