Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims
Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers
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Standard Life Partners Moneyhub for Open Finance Integration
Standard Life is teaming up with Moneyhub to roll out the open financial instrument Money Mindset.
UK Neobank Monzo Records First Monthly Profits
British neobank Monzo said that it managed to achieve profitability.
Barclays Bank Invests £3 Million in Trade Ledger
Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.
Coinbase Introduces Zero Trading Fee Subscription
Coinbase’s new subscription service, “Coinbase One,” provides a range of exclusive benefits and features besides zero-fee trading
BT to Cut 55,000 Jobs
Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.
Vodafone to Cut 11,000 Jobs
Vodafone announced its intention to lay off 11 thousand employees.
Amazon Workers Launch Battle to Unionize in Britain
Employees at Amazon at a large warehouse located in the UK reported about unionization.
In UK Ransomware Payments Nearly Double in One Year
In the UK, payments by companies to ransomware programs have almost doubled over the past year.
UK Extradites Autonomy Co-Founder Mike Lynch to US
British technology entrepreneur Mike Lynch has been extradited to the United States, where he will be charged with committing illegal acts.
Revolut CFO Resigns Citing Personal Reasons
Revolut’s chief financial officer retired two years after starting work in the British fintech industry.
UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need
Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
Revolut CEO Blames Banking Troubles for UK License Delay
The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.
British Banks Warn of Big Increase in Online Scams
British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.
HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business
Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.
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