Brexit

Bank Of England Handing Down Strict Regulations For Libra

Bank Of England Handing Down Strict Regulations For Libra
Bank Of England Handing Down Strict Regulations For Libra
October 09, 2019  |  Cryptocurrency

The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow...

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BRC Reports 1.3 Pct Drop In September UK Sales
BRC Reports 1.3 Pct Drop In September UK Sales
October 07, 2019  |  Retail

After the British Retail Consortium (BRC) indicated the weakest growth in eCommerce and high street spending since the survey began in the mid-90s, merchants have...

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Finance Minister: UK To Exit EU On Oct. 31
Finance Minister: UK To Exit EU On Oct. 31
September 30, 2019  |  Brexit

U.K. Chancellor of the Exchequer Sajid Javid said the country will split from the European Union effective Oct. 31, Reuters reported on Monday (Sept. 30). Get...

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Metro Fails To Attract Investors To Bond Issue
Metro Fails To Attract Investors To Bond Issue
September 23, 2019  |  Banking

Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even...

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019  |  Global Payments

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the...

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U.K. Scrambles To Prop Up Business Bank Lending
U.K. Scrambles To Prop Up Business Bank Lending
September 03, 2019  |  B2B Payments

U.K. regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from...

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Global Banks Plan For No-Deal Brexit
Global Banks Plan For No-Deal Brexit
August 30, 2019  |  Brexit

International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit in October, Bloomberg...

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