The new mobile phone scam delivering a problem

Tricking you The scam involves crooks ordering and then attempting to intercept – or trick you into handing over – high-value packages. It usually happens when criminals somehow manage to get hold of your personal details to place the order. It can be one consequence of identity theft, for instance. ‘My mother lost £14,000 in a direct debit fraud’ Scam victims to be refunded by banks Number spoofing crackdown to prevent fraud If the crooks fail to intercept the delivery …

Student side-hustles to help pay for university

Dana is typical of a host of students who are making money from self-employment or part-time jobs which are moving beyond stereotypical bar work. Student loans: Would the proposed changes help poorer students? Getting through uni without the bank of mum and dad Drag queen or delivery driver: What’s your ‘side hustle’? As a result, nearly four in five worried about making ends meet, while 57% said they suffered poor mental health because of money worries – up 11% from …

Scots firms turn to temporary staff to fill posts

However, he said it was just one month’s data and “does not suggest the start of a trend”. Mr Stamenkovic said it showed how flexible the labour market was. He said: “When times turn a little bit more difficult for companies they can cut costs by moving from permanent to temporary workers and if demand starts to fall sharply then they have the ability to lay off workers and cut costs more significantly.” The economist said the move to temporary …

UK house prices and sales ‘losing momentum’

Britain’s fastest moving property market revealed Letting fees ban: Renters confused after change in law Rics said 69% of property professionals said sale prices were lower than asking prices for homes marketed at more than £1m, although asking prices for homes priced at £500,000 or less appeared to be holding up more firmly. House prices continued to fall in London – where a higher proportion of £1m homes are sold, the South East of England, and East Anglia. Overall across …

‘I was charged illegal fees by my letting agent’

Skip Twitter post by @lewisrids3 Just got my new rent agreement, for new tenants they’re wanting a month’s rent in advance PLUS: • £250 deposit• £150 admin fee• £30 referencing check• £70 renewal fee if you do so• £25 late rent payment letter fee What chance have people on minimum wage got? Sickening. — Lewis (@lewisrids3) June 13, 2019 Image copyright Lewis Ridley Image caption A screenshot of the email Lewis received Landlords or agents found charging the fees can …

Why the pound is getting weaker

It is also frequently compared with the euro, because of the UK’s close trading relationship with the European Union (EU), but can be matched to any currency around the world. How Brexit hit the pound in your pocket Five holiday destinations where a weak pound still goes far Today, most countries use what is called a floating exchange rate, where the value depends on how much people want a certain currency at a point in time. Exchange rates are live, …

Millions paid out for unused children’s hospital

Under the terms of the contract, repayments – which would average about £1.4m a month – began in February when NHS Lothian took possession of the site from private consortium IHSL. Last month a full safety review into the delayed Sick Children’s Hospital was ordered by the Scottish government. Similar checks will be made at other recently completed major NHS facilities across Scotland. This will include the Queen Elizabeth University Hospital in Glasgow, which was built by the same contractor …

Woman told to reveal source of ‘unexplained’ 3.2m

She was served with the unexplained wealth order (UWO) by the NCA on Tuesday. Andy Lewis, Head of Asset Denial at the NCA, said it is only the fourth case of a UWO in the UK. “Our investigations are complex and involve careful consideration before we make an application before the court,” Mr Lewis said. “We do not investigate illicit finance based on monetary value alone. This latest order shows that we will act against those who we believe are …

Ministers reject troubled shipyard offer

It also presented legal advice, commissioned by Clyde Blowers Capital, that the proposed deal would be within European rules on procurement and state aid – the extent to which governments are allowed to intervene in support of businesses. That advice has been flatly rejected by the Scottish government, saying it is obliged to seek the lowest cost option. The dispute could lead to it using a clause in the £45m of loan agreements between the Scottish government and Ferguson Marine …

Woodford fund set to stay locked until December

Link said it considered that a suspension until December would give the manager time to reposition the fund’s portfolio into more liquid assets, “In our view, this is a realistic amount of time for Woodford to complete a measured and orderly re-positioning of the Fund’s portfolio of assets, ensuring that there is adequate liquidity whilst preserving or realising the value of the assets,” Link said. “We have concluded that this approach would represent the best outcome in terms of value, …