UK troubled by inflation and weak pound
How inflation and a weak pound are beginning to take hold of the UK economy...
Tag : UK
The real shopping season sales killer
Chargeback volumes can increase by as much as 50% during the holiday season...
Brexit means Brexit, EU tells UK
EU voices impatience with a lack of clarity from UK PM on what she expects IFM Correspondent November 24, 2016: European Parliament leaders told London’s Brexit negotiator on Tuesday that Britain should expect to be shut out of cooperation in areas it values once it leaves the European Union. David Davis met Guy Verhofstadt, the...
The real shopping season sales killer
Chargeback volumes can increase by as much as 50% during the holiday season Monica Eaton-Cardone November 24, 2016: With the holiday season just around the corner, merchants are preparing for the most active online shopping time of the year. But, while many focus on marketing and deals, retailers and issuers face a bigger overlooked issue...
UK Black Friday growth may surpass that of US
Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
Autumn Statement is just what business needs
Chancellor Hammond is not about fancy initiatives, meddling too much or tweaking things for the sake of a good headline; he does something only when it is required Alan Mellor November 24, 2016: The UK government’s first – and last – Autumn Statement will be remembered for its sensibleness. When faced with a crisis, Ronald...
Japan scores low in financial literacy
Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
Metro Bank launches internet banking platform
Will support fast-growing customer base and enhance users’ online experience November 22, 2016: As part of their commitment to provide consumers with innovative offerings and customer-centric banking experiences, Metro Bank launched a commercial internet banking platform marking yet another disruptive step for the challenger bank. Since its launch in 2010, Metro Bank has demonstrated an...
Investment bank sold all its UK assets before Brexit
Carnegie Investment Bank manages $17 billion for clients IFM Correspondent November 2, 2016: Carnegie Investment Bank AB, which manages $17.2 billion for clients, sold all of its UK holdings as opinion polls narrowed ahead of the June vote to exit from the European Union. Chief strategist Henrik Drusebjerg explained that the bank held equities as...
Brexit: UK grows faster than expected
The economy grew by 0.5% in the three months following the Brexit vote IFM Correspondent November 1, 2016: Britain’s economy grew more than expected in the three months following its vote to leave the European Union despite concern that apprehension over the country’s future would weigh on business. The economy expanded by 0.5% in the...