Bank of England Reportedly to Resume Rate Cuts
Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.
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Nuvei Brings Omnichannel Payments to UK Gaming
With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.
UK’s Long-Term Borrowing Costs Demonstrate Growth
On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.
UK Companies Plan Price Rises
The results of a survey by the British Chambers of Commerce showed that companies in the United Kingdom are currently planning to raise prices to cover higher tax payouts as business confidence has fallen to its lowest level since the fall of 2022 when the market was faced with a shock factor such as a […]
Visa Analysis Reveals Online Holiday Shopping Growth
Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.
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 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.
Argentex Expands to UAE
Argentex innovative currency risk management and payment solutions are now available in the UAE
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.
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