uk

Plan Takes Shape For UK Payments Framework
Plan Takes Shape For UK Payments Framework
May 05, 2017  |  Faster Payments

The United Kingdom’s Payments Systems Regulator (PSR), along with the Bank of England, said Thursday that they’d agreed to a framework that would govern consolidation...

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Sage Confirms Its Selling Its U.S. Payments Unit
Sage Confirms Its Selling Its U.S. Payments Unit
May 04, 2017  |  Payment Methods

Sage Group, the U.K. software company, is putting its U.S. unit up for sale after completing a review of the business. According to a report...

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UK Companies Held Accountable For Delayed Payments Under New Rule
UK Companies Held Accountable For Delayed Payments Under New Rule
May 01, 2017  |  B2B Payments

U.K. registered firms are now required to provide the government with detailed information on how suppliers are paid, thanks to new compliance regulations. According to...

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UK’s FCA Sees Record Complaints In Latter Half Of 2016
UK’s FCA Sees Record Complaints In Latter Half Of 2016
April 27, 2017  |  International

U.K. consumers lodged 3.04 million complaints in the second half of 2016 concerning financial products. This according to figures published yesterday by the Financial Conduct...

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SME Lending Activity: China Spikes, US Banks Reboot
SME Lending Activity: China Spikes, US Banks Reboot
April 24, 2017  |  B2B Payments

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S....

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Hard Line Begins On Brexit Over Contracts And Workers’ Rights?
Hard Line Begins On Brexit Over Contracts And Workers’ Rights?
April 21, 2017  |  Brexit

In an opening salvo over what might take shape in a post-Brexit landscape, The Financial Times reported that the European Union has begun shutting Britain out...

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In eCommerce Push, Debenhams To Close Stores
In eCommerce Push, Debenhams To Close Stores
April 21, 2017  |  Retail

As with many physical retail brands today, U.K.-based department store Debenhams looks to reinvent itself after seeing profits decline. Debenhams shares fell on Thursday after...

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UK Says Its Losing More Than $1B Thanks To Fraud, Errors On eBay, Amazon Marketplaces
UK Says Its Losing More Than $1B Thanks To Fraud, Errors On eBay, Amazon Marketplaces
April 20, 2017  |  International

The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces...

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Brexit Tracker: VC Funding Remains Steady, SMEs Still Confident, FCA Risk Watchlist
Brexit Tracker: VC Funding Remains Steady, SMEs Still Confident, FCA Risk Watchlist
April 18, 2017  |  Brexit

Though Brexit has brought about a lingering air of uncertainty, there are some parts of the economy that are doing their best to remain steady....

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