UK’s Open Banking Success: 10 Million Users
While open banking starts to gain traction in the U.S., across the pond the banking and payments sector is celebrating...
archiveU.K.
U.K. has ‘far more millionaires than it deserves’ as 500,000 to flee to Italy and Spain
Hundreds of thousands of the U.K.’s millionaires will flee the country in the next few years, signing off with a...
Deutsche Bank and HSBC are winning Europe’s AI talent war
Last year’s U.S. tech grads had scarcely watched their mortarboards hit the ground before they were being swarmed with job...
Britain’s $33 billion banking app Revolut has swung into profit while still trapped in banking license limbo
After years of losses, British banking app Revolut finally turned a corner last year. Its revenues almost doubled to £1.8...
Morgan Stanley joins JPMorgan and Goldman Sachs in ditching bonus caps for U.K. bankers
Morgan Stanley is scrapping a cap on bonuses for bankers in the City of London, underlining the shift among US...
Next Government Must Act Fast to Retain Global Lead
The U.K. election is July 4, and polls indicate a new Labour government is inevitable. The crypto ecosystem in the...
Top investor dubs U.K. a ‘banana economy’ over ‘build absolutely nothing’ mantra
The U.K. economy has endured a lot of name-calling in the last decade, weighed down by jibes over Brexit, slow...
U.K. bank CEO says introducing 4-day week was way easier than going hybrid
As banks worldwide grapple to find the right balance between flexibility and authority over their staff, the CEO of U.K....
UK Neobank Starling Profits Soar 55% for Third Year in the Black
Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June...
Snap U.K. election sends crypto industry scrambling to court Labour allies
Two nights before Prime Minister Rishi Sunak surprised the UK by calling a snap election, crypto executives were sipping wine...
