Bank of England Holds Rates
The Bank of England on Thursday, December 19, as part of its last monetary policy meeting this year, decided to keep interest rates at the same level.
UK
UK Inflation Demonstrates Growth
In the United Kingdom, inflation showed an increase in November, reaching 2.6%.
UK Banking Regulator Requests Data on Crypto Exposure
British regulator wants local UK firms to provide information about their current and expected future crypto asset exposures as well as the application of the Basel framework for the prudential treatment of crypto assets.
UK Business Confidence Demonstrates Decline
In the United Kingdom, businesses lost steam and pulled back on hiring in November.
Digital Bank Zopa Raises $85 Million
British digital bank Zopa has announced that it has managed to raise 80 million euros (about $85 million) as part of the equity funding round.
Revolut Faces UK Fraud Lawsuit
Revolut Ltd. is facing a lawsuit in the United Kingdom, as a result of which this fintech brand can pay 700,000 euros ($735,880) to a Serbian energy company as part of a fraud claim.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
Broker Says About UK Business Damage From Cyberattacks
Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.
UK Consumer Confidence Demonstrates Growth
In November, the United Kingdom recorded an increase in consumer confidence.
Argentex Expands to UAE
Argentex innovative currency risk management and payment solutions are now available in the UAE
European VC Funding Down to $45B in 2024
Startups across the European region are projected to raise $45 billion from VC sources in 2024, a slight drop from the revised $47 billion in 2023.
JPMorgan UK Digital Bank Reportedly Introduces First Credit Card
The media reports that the digital bank, which is based in the United Kingdom and at the same time is part of the ownership structure of JPMorgan Chase, the largest financial institution in the United States by assets, presented its first credit card.
Revolut to Launch Licensed Stock Trading in UK, EU
Revolut received a trading license from UK financial authorities, allowing it to compete with established trading platforms in the region.
Fintech Zopa Aims to Double Profit
Digital lender Zopa, headquartered in London, is currently on track to double profits and to the growth of annual revenue by more than a third in 2024.
Share Energy Customers Can Top Up Energy Bills at PayPoint
Northern Ireland electricity supplier Share Energy partnered with PayPoint – a business offering a system for paying energy bills at local convenience stores.
UK Fintech Firm Wise Posts Jump in Profit
The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.
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