uk

Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation

Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation
Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation
September 07, 2022  |  Legal & Regulation

The day after being appointed as the U.K.’s new Chancellor of the Exchequer (the minister responsible for economic and financial matters), Kwasi Kwarteng met with...

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What Yolt’s Exit Means for B2Bs in Europe’s Competitive Open Banking Market
What Yolt’s Exit Means for B2Bs in Europe’s Competitive Open Banking Market
September 06, 2022  |  Banking

At the end of August, the Dutch banking group ING announced that it would be phasing out its open banking platform Yolt, citing a “rapidly...

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New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
September 06, 2022  |  Legal & Regulation

For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins...

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Boots Launching Online Marketplace as Part of Digital Transformation
Boots Launching Online Marketplace as Part of Digital Transformation
September 06, 2022  |  Merchant Innovation

Boots is set to debut an online marketplace next year that will let third-party brands sell their wares through the Walgreens-owned U.K. health and beauty...

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Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to Tout Real-World Potential of Metaverse
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
September 05, 2022  |  Cryptocurrency

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. Get the Full...

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UK Regulators Scrutinize Revolut After Finding Audit Flaws
UK Regulators Scrutinize Revolut After Finding Audit Flaws
September 05, 2022  |  Banking

Revolut is being pressured to improve its internal controls for financial reporting, after the U.K.’s Financial Reporting Council said the FinTech’s audits were flawed and...

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CMA Cracks Down on ‘Bundling’ Rules Breach at Top UK Banks
CMA Cracks Down on ‘Bundling’ Rules Breach at Top UK Banks
September 05, 2022  |  Banking

The United Kingdom’s Competition and Markets Authority (CMA) this week announced that it has directed NatWest to issue refunds after it was found to have...

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Invoice Financing, Real-Time Cash Flow Forecasting Bring Relief to Struggling UK SMEs
Invoice Financing, Real-Time Cash Flow Forecasting Bring Relief to Struggling UK SMEs
September 05, 2022  |  SMBs

The past 18 months have been a period of “unbelievable stress” for small- to medium-sized business (SMBs) owners in the U.K., according to Ann Marie...

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