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 Regulator Ends Half Its Money Laundering Probes Without Prosecuting

UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
September 14, 2020  |  Regulation

The United Kingdom’s financial regulator has closed the book on seven of 14 criminal investigations into the breach of money laundering rules, the Financial Times...

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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 
Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax;...
September 08, 2020  |  Regulation

Here’s the latest news for Big Tech’s Google, Amazon, Apple and Facebook, which are coming under increasing scrutiny from legislators and regulators the world over....

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UK Banks Retool Branch Locations For Office Space Use
UK Banks Retool Branch Locations For Office Space Use
August 30, 2020  |  Real Estate

As the U.K.’s banks reconfigure their branches to accommodate a COVID-19 world, some are converting portions of the underused real estate into office space. Get...

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Railsbank To Buy Wirecard’s UK Operations
Railsbank To Buy Wirecard’s UK Operations
August 28, 2020  |  Partnerships / Acquisitions

Wirecard Card Solutions Ltd. has announced plans to sell its U.K. operations more than two months after the disgraced German payments company filed for insolvency....

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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UK Regulators OK Visa’s Planned Acquisition Of Plaid
UK Regulators OK Visa’s Planned Acquisition Of Plaid
August 24, 2020  |  Partnerships / Acquisitions

The U.K.’s Competition and Markets Authority (CMA) has provided the go-ahead for Visa’s planned acquisition of Plaid, according to a Monday (Aug. 24) announcement. Get...

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UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
August 24, 2020  |  International

Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Get the...

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Retail Foot Traffic Increases 4.1 Pct In The UK
Retail Foot Traffic Increases 4.1 Pct In The UK
August 24, 2020  |  Retail

As the revival of the economy gained momentum, the number of visits to stores in Britain spiked in the previous week. Information company Springboard indicated...

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Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
August 23, 2020  |  Taxes

The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported....

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