Britain news and trends

Europe’s Budget Airlines Battle for Market Share as Competition Shrinks
emea // February 01, 2023

Europe’s airlines are bouncing back from the pandemic-induced collapse of international travel. At least, some of them are. In a recently published trading update, British low-cost airline EasyJet announced an increase in passenger count to 5.43 million in December, representing a “load factor” of 87%....

JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
Digital-First Banking // May 23, 2022

JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Chase in Britain launched just eight months ago. The bank has been using Britain as a test region to debut digital consumer banking services...

Johnson Calls for ‘Toughest’ Russia Sanctions From UK Finance Industry
International // February 23, 2022

British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia, Reuters said. Johnson reportedly met with regulators and heads of top banks and finance sector industry groups, intending to talk...

Britain Wary of Foreign Takeovers By U.S. Companies 
Regulation // December 13, 2021

British officials are taking a closer look at potential foreign takeovers, making it tougher for American companies to follow a longstanding route to international expansion through deep-pocketed acquisitions, The Wall Street Journal reported Sunday (Dec. 12).  In the spotlight are Nvidia Corp.’s $40 billion takeover...

Quick Reads
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 New York, CNBC reported Monday (May 8). The report attributed tech companies’ wariness about listing in the U.K. to the local investors’ treatment of high-growth […]

JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months

May 23, 2022
JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Chase in Britain launched just eight months ago. The...

Johnson Calls for ‘Toughest’ Russia Sanctions From UK Finance Industry

February 23, 2022
British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia, Reuters said. Johnson reportedly met...

Britain Wary of Foreign Takeovers By U.S. Companies 

December 13, 2021
British officials are taking a closer look at potential foreign takeovers, making it tougher for American companies to follow a longstanding route to international expansion through deep-pocketed acquisitions, The Wall...