U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.

GSK Sorts Invoice Issues, Returns To Prompt Payment Code
GSK Sorts Invoice Issues, Returns To Prompt Payment Code
August 12, 2021  |  B2B Payments

GlaxoSmithKline (GSK) has been reinstated on the government-backed prompt payment code list after it failed to pay back invoices years ago. Previously, GSK was only...

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UK Report: Business Closures In Q2 Second Highest Since 2017 With Small Businesses Taking A Hit
UK Report: Business Closures In Q2 Second Highest Since 2017 With Small Businesses Taking A...
August 09, 2021  |  Pandenomics

The number of businesses in the U.K. that closed in Q2 was the highest since 2017 as the number hit 105,455, according to a report...

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A Huge Post-COVID Loyalty Opportunity Exists — But UK SMBs Have To Pursue It
A Huge Post-COVID Loyalty Opportunity Exists — But UK SMBs Have To Pursue It
July 28, 2021  |  Loyalty & Rewards

All over the world, consumers are warming up to the idea of shopping locally. PYMNTS research reveals that 46 percent of all U.K. consumers —...

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UK Home To A Dozen Tech ‘Decacorns’ Worth $10B Or More
UK Home To A Dozen Tech ‘Decacorns’ Worth $10B Or More
July 22, 2021  |  Investments

The U.K. is in the midst of a tech boom, with the number of companies in the technology sector worth at least $10 billion more...

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Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
July 21, 2021  |  International

Britain’s public finances could be in jeopardy as part of the permanent shift toward working from home, according to a member of the government’s independent...

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Revolut Moves Into Travel With 10 Pct Cash Back Feature
Revolut Moves Into Travel With 10 Pct Cash Back Feature
July 21, 2021  |  Travel Payments

U.K. FinTech Revolut is moving into travel with a new booking tool that gives customers 10 percent instant cashback on reservations. Revolut Stays is now...

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Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B Worldwide Downloads
Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B...
July 15, 2021  |  International

In today’s top payments news around the world, SoftBank’s Vision Fund II now reportedly has the ability to invest in food delivery platform Swiggy, while...

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UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
July 15, 2021  |  International

The U.K.’s Financial Conduct Authority aims to invest 120 million pounds (approximately $166 million) toward “data and technological capabilities” during the three years to come,...

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Revolut Raises $800M At $33B Valuation Led by SoftBank
Revolut Raises $800M At $33B Valuation Led by SoftBank
July 15, 2021  |  Fintech Investments

British FinTech Revolut hit a $33 billion valuation following an $800 million funding round led by SoftBank and Tiger Global, Reuters reported on Thursday (July...

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