Data protection bill: Will the UK government soon be able to spy on your bank account?
An online petition calling on the UK government to abandon plans for “mass bank spying powers” is nearing its target of 200,000 signatures as privacy campaigners slam new measures aiming to combat fraud. The government will likely soon be able to check the bank accounts of state benefit recipients under new plans to torch out rising numbers of fraudulent claimants and reduce errors, which cost roughly £8bn per year. The UK’s biggest banks would automatically flag suspicious activity to the Department of Work and Pensions (DWP), via continuous monitoring of accounts. The government has said the measures would save taxpayers £600m over the next five years. Read the full story 👇 https://www.cityam.com/petition-against-dwps-plans-for-bank-mass-spying-powers-nears-200k-signatures/ Get more of City A.M. 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam #bank #FraudAwareness #dwp #spying #privacyprotection #news #uknews #cityamnews #petitions #ukgovernment #bigbrotherwatch #fraud #taxpayers #benefit #beneficiary #tax #bankaccount Produced by: Larissa Howie, Scarlett Wild, Emmanuel Nwosu, Lars Mucklejohn