UK Treasury aims for online sales tax
This way, it aims to shift the balance between spending online and in physical stores
UK - page 32
Over half of US consumers consider shifting to neobanks
The banks need to increase their technological competence
Pandemic forced UK SMEs to be more reliant on digital services
The sudden move to the digital space, however, caused frustrations with banking services
More than 100 people arrested for the theft of funds over £12M
The investigation which took 8 months was facilitated by Europol
Nordic countries are leading in online banking penetration
Online banking penetration in Nordic countries turned out to be significant
Banks should reconsider branch closures: FCA
The banks are urged to consult customers who may be affected by these moves
JP Morgan launches digital mobile bank in the UK
It is the biggest bank in the United States by assets
UK e-commerce grew by over 50% in 2020: research
Cross-border e-commerce has grown steadily since April, with a significant spike starting in September and peaking in November
UK popular retailer to close all of its stores as Boohoo acquires brand
The company is likely to lose up to 12 thousand workplaces
Mastercard to raise fees for merchants making UK purchases from EU
UK buyers will not be affected by fees when placing orders with EU companies
Research reveals number of contactless payments in the UK
Contactless payments across the UK dramatically grew amid the pandemic
Russian malware found on school laptops in England
Meanwhile, it is not yet known exactly how many devices were compromised, or to how many schools they were sent
COVID-19 vaccine rollout drives UK businesses’ growth expectations
8 out of 14 UK sectors outperformed their international counterparts in December
COVID-19 vaccine rollout will revive global economies: research
The pandemic has created serious challenges such as youth unemployment, rising poverty, and income inequality
World’s largest illegal dark web marketplace taken down
The stored data will give new leads to further investigate moderators, sellers, and buyers
UK to pilot digital COVID-19 immunity and vaccination passports
The companies aim to complete two trials by March 2021
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