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 Lowers Boom On Huawei With Equipment Purchase Ban

UK Lowers Boom On Huawei With Equipment Purchase Ban
UK Lowers Boom On Huawei With Equipment Purchase Ban
July 14, 2020  |  International

The United Kingdom has reversed course on Huawei, announcing plans Tuesday (July 14) to start banning companies in the country from buying equipment from the...

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Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
July 14, 2020  |  Security & Fraud

Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from...

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British Retail Traffic Dropped By 56.6 Pct In June
British Retail Traffic Dropped By 56.6 Pct In June
July 13, 2020  |  Retail

As consumer demand stays low even with the “turning point” of thousands of more shops reopening, retail traffic for June was significantly lower than the...

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Data Begins Rolling In On Pandemic’s Late B2B Payments Impact
Data Begins Rolling In On Pandemic’s Late B2B Payments Impact
July 13, 2020  |  B2B Payments

Although, anecdotally, the impact of the pandemic on B2B payment behavior has become all-too-clear in recent weeks, new research is beginning to roll in to...

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UK Moves To Support Jobs, Boost Economic Recovery
UK Moves To Support Jobs, Boost Economic Recovery
July 08, 2020  |  Economy

The British government will provide cash bonuses and other incentives to employers that re-hire workers who were laid off as a result of COVID-19, Chancellor...

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Sowing The Seeds Of Agriculture Banking Modernization
Sowing The Seeds Of Agriculture Banking Modernization
July 08, 2020  |  B2B Payments

The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began...

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HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
July 07, 2020  |  B2B Payments

Due to a technical glitch, thousands of U.K. government small- to medium-sized business (SMB) loans to HSBC customers were sent under incorrect names, BBC News...

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Greensill Accelerates Payments To UK Pharmacies With Forecasting
Greensill Accelerates Payments To UK Pharmacies With Forecasting
July 06, 2020  |  B2B Payments

Greensill is aiming to offer financial assistance to pharmacies in the United Kingdom with a payment technology it created with the NHS Business Service Authority...

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UK Moves To Split Audit And Consulting Profits At Big Four
UK Moves To Split Audit And Consulting Profits At Big Four
July 06, 2020  |  Regulation

The Big Four accounting firms will have to put their United Kingdom auditing and consulting practices in separate business units by 2024, but may keep...

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