uk

Brexit Won’t Stop Consumer Spending
Brexit Won’t Stop Consumer Spending
January 10, 2017  |  Retail

Despite the concerns and challenges that have arisen since last year’s Brexit decision, U.K. consumer spending is on the rise. According to research from Visa,...

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PYMNTS Daily Data Dive: UK’s ATM Record
PYMNTS Daily Data Dive: UK’s ATM Record
January 10, 2017  |  Daily Data Dive

Cash withdrawals set a record on Dec. 23 in the U.K., with Brits withdrawing £730 million from LINK cash machines. Consumers took out the money...

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UK Cash Withdrawals Set Record On Dec. 23
UK Cash Withdrawals Set Record On Dec. 23
January 09, 2017  |  Banking

Cash withdrawals set a record on Dec. 23 in the U.K., with Brits withdrawing £730 million from LINK cash machines. According to a report, consumers...

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Morgan Stanley Economists Admit They Were Too Pessimistic On Brexit Impact
Morgan Stanley Economists Admit They Were Too Pessimistic On Brexit Impact
January 06, 2017  |  International

Morgan Stanley economists Melanie Baker and Jacob Nell, both of whom warned of a Brexit-prompted recession and a slowdown in the U.K. economy that would...

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Mastercard VocaLink Acquisition Moving Forward
Mastercard VocaLink Acquisition Moving Forward
January 04, 2017  |  Regulation

Mastercard’s acquisition of U.K. payments technology firm VocaLink has marked an important milestone as it attempts to gain regulatory approval for the deal. Mastercard announced...

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House of Fraser Invests In App-Only Bank
House of Fraser Invests In App-Only Bank
January 04, 2017  |  Investments

House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a...

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UK Shoppers Browse On Mobile But Buy On Desktops
UK Shoppers Browse On Mobile But Buy On Desktops
December 23, 2016  |  Retail

U.K. consumers are using their smartphones in record numbers to check out products online, but when it comes to making actual purchases, they favor desktops over...

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