uk

UK Companies ‘War Gaming’ for Expected Recession
UK Companies ‘War Gaming’ for Expected Recession
July 10, 2022  |  Retail

A recession could be on the horizon for the U.K., with companies facing both slowing consumer demand and inflation that has ballooned costs, the Financial...

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UK Muslims Say Eid Mubarak With International Remittances
UK Muslims Say Eid Mubarak With International Remittances
July 08, 2022  |  Global Payments

Eid-ul-Adha falls on the tenth day in the final month of the Islamic Lunar Calendar. That means that this year, it starts on Saturday (July...

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UK Leads Europe in Internet Access, Second in CE Index, Study Finds
UK Leads Europe in Internet Access, Second in CE Index, Study Finds
July 08, 2022  |  International

PYMNTS recently ran a five-part series about digital transformation in the European Union. In order to cover all the regional data available, PYMNTS is bringing...

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Health Insurance Disruptor YuLife Raises $119M to Expand InsurTech
Health Insurance Disruptor YuLife Raises $119M to Expand InsurTech
July 07, 2022  |  Investments

London-based InsurTech startup YuLife has secured more than 117 million euros (about $119 million) in a Series C funding round to expand its global operations...

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UK Antitrust Watchdog Scrutinizes Microsoft-Activision Deal
UK Antitrust Watchdog Scrutinizes Microsoft-Activision Deal
July 06, 2022  |  ANTITRUST

The Competition and Markets Authority (CMA), the U.K.’s antitrust watchdog, is looking into Microsoft’s deal to buy Activision Blizzard for $68.7 billion, Reuters reported Wednesday...

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Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe Because of Sales Practices
Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe...
July 06, 2022  |  Retail

Today in retail, retailers look to diversify their suppliers as a recession looms on the economic horizon, while Target kicks off its back-to-school shopping season...

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BoE: Digital Pounds Likely to Be Managed Through Accounts
BoE: Digital Pounds Likely to Be Managed Through Accounts
July 06, 2022  |  CBDC

Bank of England (BoE) Deputy Governor Jon Cunliffe said Wednesday (July 6) during a panel discussion that any proposed digital pound would likely be managed...

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Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
July 06, 2022  |  AML

The trade group UK Finance recently published its annual fraud report, and the picture isn’t pretty for British consumers. Financial fraud in the country rose...

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Amazon Faces UK Antitrust Probe Over Sales Practices
Amazon Faces UK Antitrust Probe Over Sales Practices
July 06, 2022  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is looking into whether Amazon “has a dominant position in the U.K. and whether it is abusing...

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