It was a decision that made history. In March 2009, the Bank of England slashed interest rates to an unprecedented and historic low of just 0.5%. In the teeth of a global financial crisis and economic collapse, central banks around the world raced to cut rates to record lows. Over five and a half years later, we still live in a world of ultra-cheap borrowing, and all the indications are that rates are still going to stay “lower for longer”.
Branded the ‘toughest footrace on earth’, the Marathon des Sables is truly a test of strength, determination and courage. The gruelling race takes place across the Sahara desert over a seven day period under the scorching Moroccan sun, and is the equivalent of running six marathons.
There is something about the Isle of Man that seems to hold a magical spell over its residents and visitors alike. A certain charm that keeps people returning, no matter how many times they move away, people seem to head back to the little island in the middle of the Irish Sea.
Phishing is a type of Internet fraud that is becoming more and more prevalent due to the increased use of the internet to store personal data and bank account details. Phishing scams usually come in the form of an email falsely claiming to be sent from an established organisation, such as a bank or a company, where there is a high chance that confidential information will be held with them. The purpose of these phishing emails is to gain sensitive information which can ultimately be used for identity fraud purposes, and / or to withdraw money from the victim’s bank account.
In recent years, financial and identity fraud has become a serious concern due to the increase of opportunities for fraudulent activity to take place. With the rise of internet banking and the ability to make transactions online, the internet has become a prime example of how opportunists are using technology to target individuals all over the world.