uk

UK Financial Firms Plagued By Tech Outages
UK Financial Firms Plagued By Tech Outages
November 27, 2018  |  Security & Fraud

Financial Services companies in the U.K. aren’t doing a good job keeping their IT systems up and running, with the Financial Conduct Authority (FCA) announcing...

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Amazon Shutters London Delivery Service
Amazon Shutters London Delivery Service
November 26, 2018  |  Delivery

After two years on the market, Amazon will shut down its restaurant delivery service in London, according to the Evening Standard. The company told customers...

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Brexit Is (Finally) Approved, Awaits Parliamentary Vote
Brexit Is (Finally) Approved, Awaits Parliamentary Vote
November 26, 2018  |  Brexit

European Union leaders have approved a treaty with Theresa May outlining Brexit terms with the U.K. According to the Wall Street Journal, the country’s Parliament...

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Marcus Exceeds Goldman’s UK Expectations
Marcus Exceeds Goldman’s UK Expectations
November 21, 2018  |  Digital Banking

Goldman Sachs’ online retail bank Marcus is enjoying a strong debut internationally — the company says the rollout of Marcus in the U.K. has “exceeded...

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Marcus’ UK Success Has Bank Rivals Worried
Marcus’ UK Success Has Bank Rivals Worried
November 11, 2018  |  Digital Banking

Goldman Sachs is scaring competitors in the U.K. with its recently-launched savings account that gives savers a bigger return. Reuters, citing one of the U.K....

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Lloyds To Cut And Add Jobs In Infrastructure Digitization Effort
Lloyds To Cut And Add Jobs In Infrastructure Digitization Effort
November 06, 2018  |  Banking

Lloyds Banking Group is expected to announce plans this week to create 8,000 jobs as part of a £3 billion transformation and technology investment program....

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Monzo Reaches Unicorn Status With $1.3B Valuation
Monzo Reaches Unicorn Status With $1.3B Valuation
October 31, 2018  |  Digital Banking

Monzo, the U.K. mobile-only bank, now has a valuation of $1.3 billion, pushing the startup into unicorn status. Reuters, citing Monzo, reported the mobile bank...

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UK Facing Pushback For Tax On Tech Companies’ Revenue
UK Facing Pushback For Tax On Tech Companies’ Revenue
October 31, 2018  |  International

The U.K. is facing pushback by lawmakers in the U.S. and lobbyists who contend a new tax on some of the world’s biggest internet companies...

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Lifestyle Brand Goop Subject Of UK Complaint
Lifestyle Brand Goop Subject Of UK Complaint
October 29, 2018  |  Retail

After lifestyle brand goop allegedly made misleading claims regarding its products, a nonprofit charity has filed a complaint in the United Kingdom. The Good Thinking...

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