uk

Facebook Lobbied UK For Libra Support Pre-Launch

Facebook Lobbied UK For Libra Support Pre-Launch
Facebook Lobbied UK For Libra Support Pre-Launch
September 18, 2019  |  Cryptocurrency

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed...

READ MORE >
FCA Questions Metro Bank Managers On Misreporting Allegations
FCA Questions Metro Bank Managers On Misreporting Allegations
September 17, 2019  |  Bank Regulation

Metro Bank senior managers are being grilled by the U.K. Financial Conduct Authority (FCA) about a misreporting scandal that caused stock values to fall in excess...

READ MORE >
Global Banks Plan For No-Deal Brexit
Global Banks Plan For No-Deal Brexit
August 30, 2019  |  Economy

International financial institutions in the U.K. are getting ready for changes as it becomes more likely there will be a no-deal Brexit in October, Bloomberg...

READ MORE >
British Retail Sales Take Pre-Brexit Nosedive
British Retail Sales Take Pre-Brexit Nosedive
August 23, 2019  |  Retail

New data shows that retail sales in the UK are taking a pre-Brexit nosedive, falling in August at the fastest pace since December 2008. Get...

READ MORE >
UK Labour Party Wants To Reopen Closed Shops In New Plan
UK Labour Party Wants To Reopen Closed Shops In New Plan
August 19, 2019  |  Cross-border Payments

The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year...

READ MORE >
UK’s Labour Party Wants To Take Over Vacant Retail Properties
UK’s Labour Party Wants To Take Over Vacant Retail Properties
August 19, 2019  |  Retail

The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail market a boost....

READ MORE >
UK Investigating Facial Recognition Use In London
UK Investigating Facial Recognition Use In London
August 16, 2019  |  Legal & Regulation

The data protection regulator for the U.K. has opened an investigation into the use of facial recognition technology at property developer Argent’s 67-acre estate in...

READ MORE >
Monzo Gets Into Lending
Monzo Gets Into Lending
August 15, 2019  |  Banking

Monzo, an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. 15). Get the Full...

READ MORE >