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
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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