Brexit

Brexit
FCA: No-Deal Brexit Poses Risks To Financial Sector
March 21, 2019

The Financial Conduct Authority (FCA) warned Thursday (March 21) that a no-deal Brexit poses risks to the financial sector and the customers these firms serve, a news outlet has reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Brexit
Parliament Rejects PM’s Deal And A No-Deal Brexit
March 14, 2019

It wound up being no deal for a no-deal Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Brexit
UK Chancellor Hammond Warns Again About No-Deal Brexit
March 13, 2019

In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse off if that happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Brexit
May Delays Brexit Vote As Late As March 12
February 25, 2019

British Prime Minister Theresa May has delayed a vote in Parliament on her Brexit deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Brexit
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
February 05, 2019

The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business without interruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Brexit
Consumer Lending In UK Declines Amid Brexit Uncertainty
January 04, 2019

The pre-Brexit decline in the U.K. economy is showing further signs as lending to consumers in the country increased at the slowest pace in close to four years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Brexit
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Brexit
What Delayed Brexit Vote Means For Financial Services
December 11, 2018

A critical vote on Brexit has been delayed in Britain’s parliament.  What happens next is anyone’s guess, and might even include the exit of Brexit (though unlikely).  Here’s a look at the various scenarios and the ways that financial services may be impacted – or...

Brexit
Brexit Spooks Investors In Mall Landlord Intu
November 30, 2018

Although a Brexit deal is in the works, three companies have backed out of a potential £2.9 billion buyout of mall landlord Intu due to concerns about the U.K.’s impending exit from the European Union. Get the Full Story Complete the form to unlock this article...