Business Confidence in UK Holds Record High
UK businesses illustrate robust confidence levels with growth driven by optimistic retail firms.
UK
Monzo Introduces Contents Insurance
A study by Monzo revealed that half of UK renters either lacked contents insurance or were unaware of its existence altogether.
FreeAgent Enables Tax Filing From Space
A unique use case for accounting software was delivered by FreeAgent that enabled a UK small business to submit the world’s first tax filing from space.
UK Capital Markets Are Evolving But Businesses Need to Boost Competitiveness: Report
In line with global trends, the structure of the UK capital markets is changing, while around 17,000 local companies strive to access the capital they lack to scale up operations.
UK Economy Starts to Emerge From Stagnation
The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]
Lloyds Starts Virtual Card Partnership With Taulia
SAP-owned working capital management solutions provider Taulia has announced a partnership with Lloyds in the virtual card area.
UK Inflation Demonstrates Decline
Last month, inflation in the United Kingdom showed a moderate decrease to 2.8%.
FCA Intends to Retire Outdated Guidance to Streamline Regulation
In the United Kingdom, the Financial Conduct Authority (FCA) plans to retire more than 100 pages of outdated guidance, withdraw hundreds of supervisory publications, and take other actions to reduce the burden on businesses and improve outcomes for consumers.
Monzo Debuts New Tool
Fintech industry player Monzo, which is based in the United Kingdom, announced the launch of a new tool that consumers can use to share expenses with friends and family.
Bank of England Holds Interest Rates
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
Google Wallet Now Enables Supervised Payments for Kids
As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.
UK Economy Demonstrates Decline
The United Kingdom’s economic system showed an unexpected decline in January.
Bank of England Governor Warns Economy Static
Bank of England Governor Andrew Bailey warned that the United Kingdom’s economic system is still static.
UK Escapes Recession Threat
At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.
Bank of England Cuts Interest Rates
Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.
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