U.K.

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a sovereign country in north-western Europe, off the north-­western coast of the European mainland.

UK’s Online Grocer Ocado Sued Over Patent Claims

UK’s Online Grocer Ocado Sued Over Patent Claims
UK’s Online Grocer Ocado Sued Over Patent Claims
October 01, 2020  |  Legal

U.K. online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore, Reuters reported. Get the Full Story...

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EE, Square Team On Contactless Payments For SMBs
EE, Square Team On Contactless Payments For SMBs
October 01, 2020  |  B2B Payments

EE, which is part of BT Group, is partnering with Square to help expand the availability of contactless payments for small- to medium-sized businesses (SMBs)...

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UK Cracks Down On Late Payments To Suppliers
UK Cracks Down On Late Payments To Suppliers
September 30, 2020  |  Regulation

Large U.K. companies could face fines or penalties if they don’t pay smaller suppliers on time under new rules being considered by the government, the...

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UK Faces $30B In COVID Loan Losses
UK Faces $30B In COVID Loan Losses
September 30, 2020  |  International

The U.K. government now estimates its losses from the pandemic could hit 23 billion pounds (about $30 billion), Bloomberg reported, coming from loans used to...

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UK Retail Sales Get Further Lift After Lockdown Rules Dropped
UK Retail Sales Get Further Lift After Lockdown Rules Dropped
September 24, 2020  |  Retail

As the U.K.’s lockdown measures were lifted, consumers went out shopping for various products, including home-related goods like sofas. As a result, U.K. retail sales...

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Tink Seeks Open-Banking Growth With Acquisition Of OpenWrks’ Aggregation Platform
Tink Seeks Open-Banking Growth With Acquisition Of OpenWrks’ Aggregation Platform
September 21, 2020  |  Partnerships / Acquisitions

Swedish open-banking platform Tink and U.K.-based OpenWrks have entered into a strategic partnership that includes Tink acquiring OpenWrks’ aggregation platform for an undisclosed sum. Get...

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British Retail Sales Volumes Climb 0.8 Pct In August
British Retail Sales Volumes Climb 0.8 Pct In August
September 18, 2020  |  Retail

Retail sales volumes in Great Britain rose by 0.8 percent in August in contrast to July, marking the fourth straight month of expansion, according an...

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Pay.UK’s Answer Pay And Mastercard Execute Successful First Transaction
Pay.UK’s Answer Pay And Mastercard Execute Successful First Transaction
September 17, 2020  |  Payments Innovation

British payments firm Pay.UK’s Answer Pay service and new enrollee Mastercard have successfully completed their first post-testing transaction involving Answer Pay’s “Request to Pay” service,...

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Tesco Bank Debuts Digital Payment Platform For 2.6M Credit Card Customers
Tesco Bank Debuts Digital Payment Platform For 2.6M Credit Card Customers
September 15, 2020  |  Digital Payments

Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit...

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