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.

Metro Fails To Attract Investors To Bond Issue

Metro Fails To Attract Investors To Bond Issue
Metro Fails To Attract Investors To Bond Issue
September 23, 2019  |  Banking

Metro Bank in the U.K. jettisoned a $250 million pound bond issue on Monday (Sept. 23), after not enough investors picked up on it, even...

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Amex Launches Pay By Bank
Amex Launches Pay By Bank
September 23, 2019  |  Digital Payments

American Express announced it is planning to roll out a new real-time product that will let U.K. consumers pay for goods and services online, the...

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Tide Targets SMB Customer Support With Paid Account Option
Tide Targets SMB Customer Support With Paid Account Option
September 19, 2019  |  B2B Payments

U.K. challenger bank Tide is planning to roll out a paid tier of its banking services for small businesses, connecting users of its upgraded offering...

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UK Credit Card APR Soars To Nearly 25 Pct.
UK Credit Card APR Soars To Nearly 25 Pct.
September 17, 2019  |  Debt

Interest rates on credit card balances in the U.K. are the highest they have been in 13 years, according to a report by the Financial Times....

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Mastercard Launches UK Retailer Cashback Initiative
Mastercard Launches UK Retailer Cashback Initiative
September 12, 2019  |  Cash

A new resource to expand cash access in the U.K. is being launched by Mastercard, the company said in a press release on Thursday (Sept....

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UK SMB Bank, Allica, Cleared For Launch
UK SMB Bank, Allica, Cleared For Launch
September 10, 2019  |  B2B Payments

The U.K.’s challenger banking sector shows no signs of slowing down as its next entrant, Allica, is cleared for launch. Get the Full Story Complete...

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Ultimate Finance Nixes Unsecured Loans
Ultimate Finance Nixes Unsecured Loans
September 05, 2019  |  B2B Payments

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. Get the Full Story Complete the...

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UK Treasury On The Defensive Over Bank Referral Scheme
UK Treasury On The Defensive Over Bank Referral Scheme
September 04, 2019  |  B2B Payments

The U.K. government’s bank referral scheme, designed to connect small businesses that were rejected for a traditional bank loan to alternative lenders, has faced its...

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UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries
UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries
September 03, 2019  |  Retail

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept....

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