Category : Search result: Universal Credit fraud


Alleged Scam Kingpin Chen Zhi Extradited from Cambodia

Chinese-born tycoon Chen Zhi, accused of running a vast online fraud network from Cambodia, has been arrested and extradited to China. The US alleges his conglomerate was a front for a major criminal organisation.

Brits Borrow £2.1bn Despite Budget Speculation

Official data reveals UK consumer credit unexpectedly rose to £2.1bn in November, defying forecasts of a slowdown due to Budget unease. Mortgage approvals dipped slightly. Read the full analysis.

Oakley Capital buys GLAS in £1bn+ finance deal

Private equity firm Oakley Capital, backer of Time Out, secures a majority stake in loan administration leader GLAS. The £1bn+ deal signals major growth in private credit. Discover the details.

2026 Economic Outlook: AI Bubble and Fed Fears

Analysts forecast global stock gains in 2026 but warn of top risks: an AI tech bubble bursting, Fed turmoil under Trump, and a private credit crisis. Explore the full economic outlook.

Zohran Mamdani Sworn in as 112th Mayor of New York City

Zohran Mamdani was sworn in as New York City's 112th mayor on 1 January 2026, marking the start of a bold political project focused on mass participation and universal welfare. Discover how his approach challenges decades of political apathy.

State Pension to rise 4.8% in April 2026

UK state pensioners will see a 4.8% increase in payments from April 2026, adding up to £575 annually for some. Find out how the Triple Lock affects your pension.

Scammer jailed for conning £100k from elderly victims

A fraudster who posed as a police officer to steal £100,000 from vulnerable pensioners has been sentenced to six years and six months in prison. Read the full story and learn how to protect loved ones from courier fraud.

FBI Deploys Resources to Dismantle Minnesota Fraud Schemes

The FBI has surged personnel to Minnesota to dismantle large-scale fraud, citing a $250m Covid aid case as the 'tip of the iceberg'. Director Kash Patel alleges links to the state's Somali population, sparking political tension. Read the full story.

Hollywood's Fight for Survival: Can LA Recover?

Los Angeles's film industry faces a crisis after strikes, tech shifts, and runaway production. Can new incentives and adaptation secure its future? Explore the data and insider views.

Free Public Payphones: A Vital Lifeline in the UK

While free calls to Santa from payphones are a festive perk, they highlight the essential role of free public goods for vulnerable groups, from transport to libraries. Discover why their value extends far beyond revenue.

DWP and HMRC Christmas 2025 Payment Dates

Full guide to when state benefits and pensions will be paid over the festive period. Check dates for Universal Credit, PIP, Child Benefit and more to manage your budget.

Universal's £50bn UK theme park approved for Bedford

The UK's first Universal Studios theme park, set to open near Bedford in 2031, has been approved. The £50bn project promises 28,000 jobs and will transform the region's economy. Discover the plans and local reaction.

Tricolor Holdings Executives Charged with Fraud

Founder Daniel Chu and executives of bankrupt subprime auto lender Tricolor Holdings face federal fraud charges over a years-long scheme that led to a billion-dollar collapse. Read the full details.

Marshall Islands launches world-first crypto UBI scheme

The Marshall Islands has launched a pioneering universal basic income scheme, offering $200 quarterly payments via cryptocurrency or cash. Discover how this Pacific nation is tackling the cost of living crisis.

Dentist and children spared jail for £350k fraud

A struck-off dentist and her two children have received suspended sentences for a £350,000 dental insurance fraud at their Finchley clinic. Discover the details of the complex scam.

Universal Studios UK Theme Park Gets Green Light

The UK's first Universal Studios theme park has been granted planning permission near Bedford. The £500m part-publicly funded project promises 8,000 jobs and a £50bn economic boost. Read the full details.

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