Brexit

Bank Of England Handing Down Strict Regulations For Libra
Bank Of England Handing Down Strict Regulations For Libra
October 09, 2019  |  Cryptocurrency

The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow...

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BRC Reports 1.3 Pct Drop In September UK Sales
BRC Reports 1.3 Pct Drop In September UK Sales
October 07, 2019  |  Retail

After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the mid-90s, merchants have...

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Finance Minister: UK To Exit EU On Oct. 31
Finance Minister: UK To Exit EU On Oct. 31
September 30, 2019  |  Brexit

U.K. Chancellor of the Exchequer Sajid Javid said the country will split from the European Union effective Oct. 31, Reuters reported on Monday (Sept. 30). “Hopefully...

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Metro Fails To Attract Investors To Bond Issue
Metro Fails To Attract Investors To Bond Issue
September 23, 2019  |  Banking

Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even...

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019  |  Global Payments

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the...

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U.K. Scrambles To Prop Up Business Bank Lending
U.K. Scrambles To Prop Up Business Bank Lending
September 03, 2019  |  B2B Payments

U.K. regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from...

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Global Banks Plan For No-Deal Brexit
Global Banks Plan For No-Deal Brexit
August 30, 2019  |  Brexit

International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit in October, Bloomberg...

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