Uk Economy news and trends

Finserv Exodus Won’t Be As Bad As Initially Thought, Says Reuters
B2B Payments // September 19, 2017

A new survey released by Reuters on Monday (Sept. 18) suggests the outflow of finance sector professionals from the U.K. economy as a direct result of Brexit is not likely to be as bad as previously thought. Researchers estimate that 10,000 finance sector jobs will...

UK’s New Payment Systems To Be Delivered By Year’s End
International // September 14, 2017

The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to meet a mandate handed down by regulators. According to a press release, the appointment of Melanie Johnson as...

Skittish On Brexit, Brits Scale Back Hiring Plans
International // August 15, 2016

Perhaps no surprise, but the Brexit vote that so spooked markets and politics alike just a few months ago is now causing a number of British employers to rein in near term hiring plans. Reuters reported Monday (Aug. 15) that a survey conducted jointly by the CIPD,...

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UK’s New Payment Systems To Be Delivered By Year’s End

September 14, 2017
The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to meet a mandate handed down by regulators. According to a press release, the appointment of Melanie Johnson as its first chair has seen continuing work to deliver the […]