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
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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