Now that the Labour Party’s been ushered into power in the U.K. — in a landslide vote — what’s next for open banking in the United Kingdom? New Prime Minister Keir Starmer has promised an era of “national renewal,” and there are some key tenets...
As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new mandate to protect access to cash services across the country. The new legislation is deemed important because bank branches and...
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. The stores being taken over have been vacant for at least 12 months, according to the Financial Times. Around 11.8...
July 11, 2024
Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this has led the incoming Labour government to promise to revitalize the industry as it seeks to fuel growth. The number of digital jobs climbed by just 0.3% last year — the lowest figure since a […]
August 19, 2019
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. The stores being taken over...
