uk

Brexit Tracker: MPs Pull Article 50 Trigger, Consumer Borrowing Slows And Holland Looks To Gain
Brexit Tracker: MPs Pull Article 50 Trigger, Consumer Borrowing Slows And Holland Looks To Gain
February 02, 2017  |  Brexit

It’s happened. The wheels for Brexit are officially in motion as U.K. MPs overwhelmingly voted to invoke Article 50 of the Lisbon Treaty. In this...

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Mastercard Wins UK Ruling On Interchange Fees
Mastercard Wins UK Ruling On Interchange Fees
January 31, 2017  |  Mastercard

Mastercard is celebrating a High Court ruling in its favor in a lawsuit brought on by some of the U.K.’s top retailers regarding interchange fees....

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LINK Rethinks Business As Banks Aim To Lower Costs Of Free ATM Withdrawals
LINK Rethinks Business As Banks Aim To Lower Costs Of Free ATM Withdrawals
January 27, 2017  |  Banking

The LINK ATM network in the U.K. is mulling an overhaul of its business to address banks that are looking to lower the costs of...

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Chinese Tourists May Spend £11M In UK During Chinese New Year
Chinese Tourists May Spend £11M In UK During Chinese New Year
January 27, 2017  |  Retail

With the Year of the Rooster coming in a few weeks, Chinese visitors to London could spend more than £11 million. According to data from Worldpay,...

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UK Supreme Court Rules Parliament Has To Vote On Brexit
UK Supreme Court Rules Parliament Has To Vote On Brexit
January 25, 2017  |  Brexit

Exiting the European Union isn’t as cut and dry as many Brits may think, with the U.K. Supreme Court ruling Tuesday (Jan. 24) that Parliament...

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Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
Lloyds The Victim Of Denial-Of-Service Attack Two Weeks Ago
January 24, 2017  |  Security & Fraud

Lloyds Banking Group was reportedly the victim of a cyberattack two weeks ago that hurt online services. According to a report by American Banker, citing a...

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Brexit Tracker: May’s Grand Plan, Big Banks, And Jamie Dimon Weighs In
Brexit Tracker: May’s Grand Plan, Big Banks, And Jamie Dimon Weighs In
January 24, 2017  |  Brexit

U.K. Prime Minister Theresa May’s recent speech set the scene for what the post-Brexit world will truly look like — and the whole “soft Brexit”...

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Retail Sales Decline In UK Taking Down Sterling With It
Retail Sales Decline In UK Taking Down Sterling With It
January 23, 2017  |  Retail

Retail sales in the U.K. saw their largest decline in greater than four years this past December, hurting what was expected to be a good...

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Payment Card Spending Rose In UK During November
Payment Card Spending Rose In UK During November
January 19, 2017  |  Payment Methods

Payment card spending in the U.K. increased 1 percent during the month of November to hit £56 billion, thanks in part to an increase in...

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