Tag: HM Treasury
UK government ditches letters for real-time tech ahead of budget
The UK government has announced plans to transform and upgrade its central finance system to improve the efficiency and accuracy of data.These upgrades aim...
UK embraces T+1 settlements but inflation overshadows seismic financial news
HM Treasury has hosted a meeting of major banking stakeholders to discuss imminent changes to the country’s securities markets, though unfortunate timing saw the...
UK to step up financial services relationship with China to tune...
Despite some major points of contention and political tensions between the two countries, the UK and China have agreed to strengthen links around financial...
Labour celebrates 100th banking hub but economic slowdown steals headlines
The British government’s excitement around the progress of its retail banking hubs initiative has been overshadowed by the news that UK economic growth has...
PSR notes social media’s role in scams ahead of Black Friday...
Black Friday is here, and though the somewhat ominous sounding name does not usually spell dread for bargain hunting shoppers,they have been cautioned about...
Britain’s BNPL peaking but Christmas shopping still to come
BNPL services have become part and parcel of the paying for goods and services for British consumers and the coming months could drive this...
Open Banking, fraud and regulatory resilience define UK National Payments Vision
HM Treasury has published the long-awaited National Payments Vision (NPV), a long-term outline of the British government’s ambitions for the UK payments industry and...
Is more clarity needed on British cash? Data suggests use alive...
It is undeniable that the digital transition has impacted cash usage heavily, and physical notes remain a popular means of payment across various countries....
Labour’s Finance Bill looks to support private firms with public ambitions
The British government has pledged support for the financial services sector via new legislation, following its first budget in 14 years late last month.Announced...
British BNPL growth prompts government to introduce new rules
The UK government has made its latest move around buy now, pay later (BNPL), an increasingly popular payment method among British consumers.HM Treasury has...
