However, many Britons are still remiss when it comes to keeping important papers safe.

At least 42% admit to leaving passports, driving licences and tax papers in obvious places, while 35% do not keep their cards in view when they pay for food or shopping.

And, worryingly after so much advice about preventing identity fraud, 34% still do not destroy or shred important documents before throwing them away.

According to the Home Office it can take the average victim of identity theft over 300 hours of work to put their records straight.

"Although credit reference agencies can provide limited help, the reality is a victim will have to turn to other organisations including the police, the banks and credit card companies to help resolve the matter," said Stephen Chinn from the CPP group, who commissioned the survey of over 4000 people.

The survey found there was a divide in attitudes among the ages, with just 36% of those aged between 18 and 24 keeping a record of the credit card details, compared to 69% of those aged over 55. Only 44% of younger people shredded important documents, in comparison to 78% of older people.

Stephen Chinn, said: "We are encouraged by the number of Britons who are taking precautions to protect themselves from identity theft."

"However it is obvious that many people are failing to take quite basic measures which will leave them vulnerable to identity theft."