Brexit news and trends

UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’
Bank Regulation // July 20, 2023

The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” The proposed rules are meant to protect freedom of expression, HM Treasury said in a Thursday (July 20) press release. “The government has stepped in to address...

Has UK’s Cautious Approach to New Technologies Paid Off?
Fintech Investments // June 06, 2023

New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms of FinTech innovation,” say Innovate Finance CEO Janine Hirt and Stephen Feline, North America director at London & Partners.  “When...

Tech Companies Avoiding UK for IPOs
IPO // May 08, 2023

Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in New York, CNBC reported Monday (May 8). The report attributed tech companies’ wariness about listing...

London Stock Exchange Suffers IPO Flop
IPO // December 12, 2022

London contributed just 9% of all European IPOs this year. According to data published by Bloomberg, initial public offerings (IPOs) in London raised 1.5 billion pounds ($1.8 billion) this year, accounting for 9% of the European total of $20.9 billion and marking the worst performance...

Interviews & Exclusives
Has UK’s Cautious Approach to New Technologies Paid Off?

June 06, 2023
New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms of FinTech innovation,” say Innovate Finance CEO Janine Hirt and Stephen Feline, North America director at London & Partners.  “When you look at our two ecosystems, we are world leaders […]

Brexit-Related Frictions Drive Demand For eCommerce Fulfillment and Logistics

October 22, 2021
It’s been nearly two years since the United Kingdom (UK) officially left the European Union (EU) and all has not been well. Businesses in Great Britain have had to pick...

Art Retailers Tap New Tech To Navigate Cross-Border Payment Challenges

August 10, 2021
Global eCommerce sales now represent a $4.2 trillion market as consumers shifted their purchasing behaviors to accommodate the pandemic. This growth is only expected to continue, too, with these sales...

Does Airbnb’s Pre-Brexit Move Signal Change For Travel Payments?

December 10, 2019
Travel is never boring — if it is, you are doing it wrong — and that holds especially true when it comes to how travel connects to payments and the broader...

Quick Reads
UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’

July 20, 2023
The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” The proposed rules are meant to protect freedom of expression, HM Treasury said in a Thursday (July 20) press release. “The government has stepped in to address fears that banks are terminating accounts because they disagree with […]

Tech Companies Avoiding UK for IPOs

May 08, 2023
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. This observation follows the decision of British semiconductor designer Arm to list in...

London Stock Exchange Suffers IPO Flop

December 12, 2022
London contributed just 9% of all European IPOs this year. According to data published by Bloomberg, initial public offerings (IPOs) in London raised 1.5 billion pounds ($1.8 billion) this year,...

UK Finance Ministry Nixes Veto Proposal Over Regulators

November 23, 2022
A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament.  This “intervention...