Benefits claimants could face weekly bank account data checks to prevent fraud, saving £500 million in five years. Banks will run these checks, triggering red flags for fraud risk. Quotation by Nigel Holland.

Nigel Holland
Nigel Holland
  • Weekly bank account data checks proposed for benefits claimants.
  • Aim to reduce fraudulent benefit claims.
  • Banks to identify red flags like savings over £16,000.
  • Minister emphasizes fairness for taxpayers.
  • Concerns over personal rights and privacy.