uk

UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO

UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
April 25, 2021  |  IPO

Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of...

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London Court Will Decide If Class Action Suit Against Mastercard Moves Forward
London Court Will Decide If Class Action Suit Against Mastercard Moves Forward
March 25, 2021  |  Mastercard

A class-action lawsuit against Mastercard for a record £14 billion ($19 billion) will be heard by a specialist London court on Thursday (March 25), which...

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UK Lockdown Winding Down Amid Increasing Levels Of Shopping
UK Lockdown Winding Down Amid Increasing Levels Of Shopping
March 22, 2021  |  Economy

U.K. stores saw another uptick in the number of shoppers venturing out as restrictions started lifting following the region’s third COVID-19 lockdown, Reuters reported on...

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Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In UK
Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In...
March 22, 2021  |  News

In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the...

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UK Considers Tax Hike On eComm Firms Powering Pandemic’s Digital Shift
UK Considers Tax Hike On eComm Firms Powering Pandemic’s Digital Shift
February 07, 2021  |  Taxes

British lawmakers are exploring levying an extra tax on companies that benefited from COVID-19 and have summoned executives from major firms that could be affected...

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Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
December 20, 2020  |  Cybersecurity

The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality...

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UK Revolut Customers Get Access To Early Payday Option
UK Revolut Customers Get Access To Early Payday Option
December 02, 2020  |  API

London-based FinTech Revolut is introducing a new feature in the U.K. that will give its more than 3 million customers access to direct deposits a...

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UK Weighs New Regulatory Unit To Police Tech Firms
UK Weighs New Regulatory Unit To Police Tech Firms
October 09, 2020  |  ANTITRUST

Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant...

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