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
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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