If the life settlements market seems ghoulish, here’s a British scandal which isn’t doing the image of the business any favours. It’s one of the worst the country’s seen.
The people of Manchester will soon be the first to be able to apply for an identity card, which the government says will help fight terrorism and reduce fraud. Opposition parties, however, oppose the five billion pound scheme and say it should be scrapped to save money and protect civil liberties.
A little white lie never hurt anyone, right? Wrong: it could have serious financial implications for your future. A growing number of people are getting into financial difficulty at a younger age and are then telling lies on applications forms to obtain credit, insurance and other products, according to CIFAS, the UK’s fraud prevention service.