Money blog: HSBC, Nationwide and Virgin Money hit by glitches; how to stop your car being stolen

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By Emily Mee, news reporterA car was stolen roughly every eight minutes in the UK last year, according to DVLA figures. Some 64,087 vehicles were reported stolen - an increase of 5% on the previous year. While car thefts are on the rise, reports have also highlighted a growing trend of 'car cannibalism' - when criminals rip parts off cars to order. Bonnets, bumpers and headlights are among the parts often nicked by thieves.

A pedal box, which encases the pedals in a highly visible metal box, is another option. A good wheel clamp - Scott recommends this one - can be bought on Amazon for about £30. Another visible deterrent is a sticker to say the vehicle is alarmed or has a tracker fitted. Think about where you parkThieves are more likely to target quiet and dimly lit areas, as well as quiet side streets, Scott says. If you can, try to park in a well-lit and busy area - preferably with CCTV.

 

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