Criminals are turning to the internet to defraud consumers, according to the UK Cards Association, as it reveals a 14% rise in online banking fraud.

Swiss Re, one of the world’s leading insurers, says that the Chilean earthquake could cost insurers in the region of $4 - $7 billion as the full effect of the disaster takes its financial toll.

With more than 60,000 prisoners serving sentences less than 12 months – and 60% of these reconvicted within a year of release – a report has recommended that more is done to rehabilitate these prisoners.