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.

UK May Make Corporate Directors Accountable For Accounting

UK May Make Corporate Directors Accountable For Accounting
UK May Make Corporate Directors Accountable For Accounting
February 07, 2021  |  B2B Payments

The U.K. is considering making corporate directors responsible for the accuracy of their companies’ financial statements, with an official proposal to that effect possible as...

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Buy Now, Pay Later Firms Face UK FCA Crackdown
Buy Now, Pay Later Firms Face UK FCA Crackdown
February 02, 2021  |  BNPL

The buy now, pay later industry (BNPL) will now be regulated by the U.K. Financial Conduct Authority (FCA) following a four-month review led by former...

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UK Fashion Leaders Pen Open Letter To Gov’t; Warn Of Brexit Decimation
UK Fashion Leaders Pen Open Letter To Gov’t; Warn Of Brexit Decimation
February 01, 2021  |  Cross-border Payments

The U.K. fashion industry is being hit hard amid the shifts from Brexit, according to an open letter from Tamara Cincik, CEO of Fashion Roundtable,...

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Luxury Retailers May Burn Returned Items Instead of Dealing With Post-Brexit Red Tape
Luxury Retailers May Burn Returned Items Instead of Dealing With Post-Brexit Red Tape
January 25, 2021  |  Retail

Call it a designer pothole, the Gucci gap or a Burberry bump in the road — whatever name you choose, the reality is that the...

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Mastercard Planning Higher Fees For UK EU Transactions
Mastercard Planning Higher Fees For UK EU Transactions
January 25, 2021  |  Mastercard

U.K. shoppers could see higher prices for European Union purchases due to a planned increase in Mastercard fees, the Financial Times reported on Monday (Jan....

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BoE Shows Sharp Post-Holiday Decline In UK Card Spending
BoE Shows Sharp Post-Holiday Decline In UK Card Spending
January 21, 2021  |  Payment Methods

New data from the U.K. Office for National Statistics and the Bank of England show that debit and credit card purchases in the country have...

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Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
January 19, 2021  |  IPO

Online greeting card and gifts retailer Moonpig is planning a $1.6 billion initial public offering (IPO) for a listing on the London Stock Exchange. Get...

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