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.

Tide Revamps SMB Overdraft, Card Offerings With Mambu
Tide Revamps SMB Overdraft, Card Offerings With Mambu
April 30, 2020  |  B2B Payments

Cloud banking platform Mambu will help business banking platform Tide expand its services, including innovations in releasing larger overdrafts, credit cards and invoice financing, according...

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British Airways To Eliminate 30 Pct of Workers, Cites Long Recovery
British Airways To Eliminate 30 Pct of Workers, Cites Long Recovery
April 29, 2020  |  Coronavirus

British Airways is set to cut around 30 percent of its workforce consisting of 42,000 people, the airline said, as the coronavirus continues to make...

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CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
April 23, 2020  |  B2B Payments

To help small- to medium-sized businesses (SMBs) in the U.K. struggling because of the coronavirus pandemic, CRIF Realtime is rolling out a new array of...

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UK Targets Tech Startups With $1.6B ‘Future Fund’
UK Targets Tech Startups With $1.6B ‘Future Fund’
April 20, 2020  |  Coronavirus

As the world economy stumbles toward a COVID-19 recession, the U.K. has added tech startups to the economic sectors deserving aid in an uncertain time....

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Funding Circle Halts Retail Investing To Focus On SMB Stimulus
Funding Circle Halts Retail Investing To Focus On SMB Stimulus
April 19, 2020  |  B2B Payments

Funding Circle has been given the go-ahead by the British Business Bank to distribute business loans to small- to medium-sized business (SMB) owners hurting because...

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Amazon Gets Initial Approval To Invest In Deliveroo
Amazon Gets Initial Approval To Invest In Deliveroo
April 17, 2020  |  Investments

British regulators have given the initial green light for Amazon’s investment in Deliveroo, the London online food delivery company that said it could go bankrupt...

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UK Banks Call On Britain To Fully Back SMB Loans
UK Banks Call On Britain To Fully Back SMB Loans
April 15, 2020  |  Loans

The U.K. is under pressure to get coronavirus-related loans out faster, and some banking officials want the government to consider making them 100 percent state-guaranteed,...

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SMBs Find Cash Flow Support In Cards
SMBs Find Cash Flow Support In Cards
April 15, 2020  |  B2B Payments

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself...

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UK’s Next Hits eCommerce Order Limit Hours After Reopening
UK’s Next Hits eCommerce Order Limit Hours After Reopening
April 14, 2020  |  Retail

With a surge of consumer demand amid the COVID-19 lockdown, Next reached its daily self-imposed limit for eCommerce activity soon after reopening its online business...

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