Figures from UK Finance show the scams, which typically take several months and see victims duped into making ten payments, rose by almost a third in 2023 compared to the year before. And they doubled from 2020.
In all, says UK Finance, fraudsters fleeced bank customers of £1.17billion last year — but the banks managed to stop a further £1.25billion being taken.Card ID theft — when criminals use stolen cards or details to open a fraudulent account — is the fastest rising fraud, up 53 per cent from last year.
Pennon said some households there were still boiling water to avoid parasites, but it said normal service had been returned to 85 per cent of customers. The research by Kantar found butter, toilet rolls and milk prices are falling fastest but orange juice, sweets and chocolate are still rising.
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