uk

Consumer Spending In UK Falls In November Despite Black Friday
Consumer Spending In UK Falls In November Despite Black Friday
December 17, 2018  |  Economy

Consumer spending in the U.K. last month took its largest fall since July as worries about Brexit weighed on consumer confidence. According to a report...

READ MORE >
UK Retailers Dealing With Slow Holiday Shopping Season
UK Retailers Dealing With Slow Holiday Shopping Season
December 14, 2018  |  Europe

U.K. retailers are warning of a bad holiday shopping season.  Mike Ashley, head of the Sports Direct chain, warned that the situation is dire, with...

READ MORE >
Revolut Gets Banking License By European Central Bank
Revolut Gets Banking License By European Central Bank
December 13, 2018  |  Banking

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. In...

READ MORE >
Barclays Upgrades Mobile Banking App To Control Spending
Barclays Upgrades Mobile Banking App To Control Spending
December 11, 2018  |  Consumer Finance

Barclays, the U.K. bank, announced Tuesday (Dec. 11) that customers of its mobile banking app now have the power to prevent spending at certain retailers....

READ MORE >
What Delayed Brexit Vote Means For Financial Services
What Delayed Brexit Vote Means For Financial Services
December 11, 2018  |  Brexit

A critical vote on Brexit has been delayed in Britain’s parliament.  What happens next is anyone’s guess, and might even include the exit of Brexit...

READ MORE >
In UK, Late Payments Report Finds Fault With Big Retailers
In UK, Late Payments Report Finds Fault With Big Retailers
December 10, 2018  |  B2B Payments

Stretched payment terms got examination in the U.K., which found that some retailers, such as WHSmith and  Boots, are paying suppliers only after several months...

READ MORE >
Brexit To Slash UK FinServ Exports To EU
Brexit To Slash UK FinServ Exports To EU
December 10, 2018  |  B2B Payments

A new report from think tank Centre for European Reform has warned that the U.K.’s financial services exports to the European Union could be more...

READ MORE >
Draft Guidelines Clarify GDPR Scope
Draft Guidelines Clarify GDPR Scope
December 03, 2018  |  Regulation

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the...

READ MORE >
Urban Massage’s Customer Database Leaked
Urban Massage’s Customer Database Leaked
November 27, 2018  |  Security & Fraud

A popular London-based massage startup has leaked its entire customer database — and could face steep fines due to violating GDPR (General Date Protection Regulation)...

READ MORE >