Tag: HM Treasury
Digital Pound can “enhance UK financial infrastructures”
The UK is exploring its next step in becoming a global hub for digital payment innovation with the official launch of a consultation into...
UK contactless limit to increase to £100 from 15 October
UK Finance has announced the spending limit for contactless transactions will increase to £100 from 15 October onwards, following on from the announcement of...
UK banks commit to safeguarding communities’ Cash Access
The UK’s largest retail banks and building societies have pledged to maintain commitments to continue to ensure ‘cash access’ for national consumers, businesses and...
HM Treasury joins international ‘Green Finance’ platform
HM Treasury has announced that the UK has become a founding member of the ‘The International Platform on Sustainable Finance (IPSF)’ – promoting the...
Treasury mulls temporary ‘digital sales’ tax charge
UK digital and tech businesses have been rocked by the news that the HM Treasury is examining a ‘temporary tax charge’ on companies that...
BoE tracks UK economy on better forecasts but remains coy on...
The Bank of England has published its latest indicators and forecasts for the UK economy, stating that COVID-19 impacts may be ‘less severe than...
Iwoca CEO calls for Fintech and Banks to collaborate on CBILS...
Iwoca, the alternative business loan platform for SMEs, has raised £100 million to directly fund UK businesses applying for the 'Coronavirus Business Interruption Loan...
UK Big Business continues to fail on Prompt Payment Code
The UK government has issued a further warning to the nation’s largest companies, on maintaining prompt SME payments, as 18 publicly traded firms are...
HM Treasury praises UKGC’s ‘supervisory insights’ on tackling AML
HM Treasury has praised the UK Gambling Commission (UKGC) for its contribution of research and insights, submitted on its UK ‘supervision report’ related to...