BBC Business

Financial losses from scams hit £1.3bn a year as criminals turn to AI

On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.

•June 14, 2026•1 min read

Financial losses from scams hit £1.3bn a year as criminals turn to AI

Major stock exchanges worldwide responded positively to trade agreement developments

On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.