House of Commons Library’s Banking Fraud briefing reveals £1.28B lost to banking scams in 2025, with only 4% of fraud cases referred to police for investigation, flagging major challenges in tackling FC

UK Finance recorded £703 million in unauthorised fraud and £576 million in authorised push-payment fraud, while government data showed that banking and other fraud affected around one in 14 adults. The briefing also draws together criticism from the Home Affairs...