uk

British Retail Sales Take Pre-Brexit Nosedive
British Retail Sales Take Pre-Brexit Nosedive
August 23, 2019  |  Retail

New data shows that retail sales in the UK are taking a pre-Brexit nosedive, falling in August at the fastest pace since December 2008. The...

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UK Labour Party Wants To Reopen Closed Shops In New Plan
UK Labour Party Wants To Reopen Closed Shops In New Plan
August 19, 2019  |  International

The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year...

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UK’s Labour Party Wants To Take Over Vacant Retail Properties
UK’s Labour Party Wants To Take Over Vacant Retail Properties
August 19, 2019  |  Retail

The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail market a boost....

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UK Investigating Facial Recognition Use In London
UK Investigating Facial Recognition Use In London
August 16, 2019  |  Regulation

The data protection regulator for the U.K. has opened an investigation into the use of facial recognition technology at property developer Argent’s 67-acre estate in...

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Monzo Gets Into Lending
Monzo Gets Into Lending
August 15, 2019  |  Digital Banking

Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Current customers in...

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Disruptor UK Bank Atom Raises £50M
Disruptor UK Bank Atom Raises £50M
July 22, 2019  |  Banking

Atom, a banking startup in the UK that caters to millennials, has raised £50M ($62.4 million) in a funding round and is now valued at...

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UK Regulator Readies $123M Fine For Marriott Over GDPR Violations
UK Regulator Readies $123M Fine For Marriott Over GDPR Violations
July 10, 2019  |  Regulation

The U.K. data protection authority will hit Marriott with a £99 million ($123 million) fine for a breach that exposed the data of up to...

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Cashierless Innovation In Retail Gets A Fresh Boost In The UK
Cashierless Innovation In Retail Gets A Fresh Boost In The UK
July 08, 2019  |  Retail

Can cameras replace cashers in retail? The grocery industry is making a go of it. The latest effort comes from the U.K. According to a...

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UK Fund Aims To Match US Tech Startup Investments
UK Fund Aims To Match US Tech Startup Investments
July 02, 2019  |  Investments

A fund, backed by some of Cambridge’s most well-known scientists, called Ahren Innovation Capital has raised about £200 million ($254 million USD) to invest in...

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