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
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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