uk

UK Competition Appeal Tribunal Allows Apple Battery Lawsuit to Proceed

UK Competition Appeal Tribunal Allows Apple Battery Lawsuit to Proceed
UK Competition Appeal Tribunal Allows Apple Battery Lawsuit to Proceed
November 01, 2023  |  Legal & Regulation

Apple Inc. has been dealt a blow in a class action lawsuit in London, as the Competition Appeal Tribunal ruled Wednesday (Nov. 1) that the case can proceed....

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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Poshmark Exiting Overseas Markets to Focus on US
Poshmark Exiting Overseas Markets to Focus on US
October 20, 2023  |  eCommerce

Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...

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Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
Boohoo Group’s Shares Drop as Fast-Fashion Retail Industry Faces Challenges
October 03, 2023  |  Retail

Boohoo Group saw its shares fall Tuesday (Oct. 3) as it revised its earnings and revenue forecasts. The U.K.-based fast-fashion retailer’s strategy of lowering prices to...

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Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
September 26, 2023  |  Cryptocurrency

Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds...

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UK Banking Sector Reforms Pushed Back Six Months
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023  |  Bank Regulation

England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...

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Aldi Says Inflation Has Changed How UK Shoppers Buy Groceries
Aldi Says Inflation Has Changed How UK Shoppers Buy Groceries
September 25, 2023  |  Economy

Discount supermarket chain Aldi said it has experienced record sales in the United Kingdom as shoppers seek affordable groceries. In response to this increased demand, Aldi has...

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UK Parliament OKs Online Safety Bill and Metaverse Protections
UK Parliament OKs Online Safety Bill and Metaverse Protections
September 20, 2023  |  Legal & Regulation

The United Kingdom has passed its Online Safety Bill, and with it, new metaverse protections. The long-discussed bill concluded its final Parliamentary debate Tuesday (Sept....

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