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United Kingdom Buy Now Pay Later Business Report 2024-2029: Firms are Expanding their Partnerships to Launch New Products, 1/4 of Consumers have Faced Late Repayment Fees Due to Excessive Usage

United Kingdom Buy Now Pay Later Business Report 2024-2029: Firms are Expanding their Partnerships to Launch New Products, 1/4 of Consumers have Faced Late Repayment Fees Due to Excessive Usage

Dublin, Aug. 15, 2024 (GLOBE NEWSWIRE) — The “United Kingdom Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering. BNPL payments are expected to grow by 15.0% on...

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Crypto and money laundering: suspicious movements in Russia and UK

Crypto and money laundering: suspicious movements in Russia and UK

According to a recent report by the organization “Transparency International Russia”, there have been frequent cases of money laundering between Russia and the UK through the illegitimate use of crypto and digital payments. The research highlights the vulnerability of institutions that find themselves having to face an increasingly expanding phenomenon, despite the AML control numbers....

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UK health and care worker visa applications drop by 81% – Report 

UK health and care worker visa applications drop by 81% – Report 

The number of health and care worker visa applications decreased with an 81% drop between April and July 2024 compared to the same period in 2023. This is according to an official report by the UK home office, Visa applications fell from 18,300 in August 2023 to 2,900 in July 2024. From April to July...

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Amazon’s £3bn AI Anthropic investment investigated by UK regulator

Amazon’s £3bn AI Anthropic investment investigated by UK regulator

The UK’s competition regulator has launched an inquiry into Amazon’s investment of over £3bn into an artificial intelligence (AI) startup as regulators ramp up their scrutiny of mergers involving the fast-growing technology. The deal, which was announced by Amazon in March, included a $4bn (£3.16bn) investment into Anthropic and a commitment from the AI startup...

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British High Commission says over 430,000 Nigerians received visa approvals in 2024- NIDCOM

British High Commission says over 430,000 Nigerians received visa approvals in 2024- NIDCOM

The British High Commissioner to Nigeria, Dr. Richard Montgomery, has confirmed that approximately 430,000 visa applications by Nigerians have been approved this year. This was disclosed in a press release by the Nigerians in Diaspora Commission (NIDCOM). According to the release, Dr. Montgomery made this statement in a meeting with the Chairman/CEO, Nigerians in Diaspora...

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Midlands start-up loans top £150m

Midlands start-up loans top £150m

£150 million worth of loans have now been delivered in the Midlands region. Almost 9,500 loans have been made to entrepreneurs within the West Midlands. It was revealed in September 2023 that Start Up Loans had delivered over £1 billion worth of loans nationwide since 2012 and the Midlands was a large contributor towards that....

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United Kingdom: Under the microscope – Managing non-financial misconduct in a regulated environment

United Kingdom: Under the microscope – Managing non-financial misconduct in a regulated environment

In brief In an article published in Compliance & Risk Journal, John Bracken and Lorren Martin explore the issue of non-financial misconduct in UK financial services firms, and how best to manage the potential risks. Regulated firms need to ensure their practices for dealing with non-financial misconduct are robust and transparent. This article explains why...

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UK Artificial Intelligence (AI) Statistics And Trends In 2024

UK Artificial Intelligence (AI) Statistics And Trends In 2024

Table of Contents Show more Show less The rapidly growing field of artificial intelligence (AI) has the potential to revolutionise our lives.  Apple is the latest major tech player to announce a deepening of its involvement in this area, signalling a link-up with provider OpenAI that will see its ChatGPT functionality integrated into the Apple...

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UK Export Finance helps 650 UK businesses to sell overseas

UK Export Finance helps 650 UK businesses to sell overseas

UK Export Finance provided £8.8 billion in new financing last year, helping 650 UK companies to export. Up to 41,000 jobs and £3.3 billion to national GDP supported by UKEF’s provision of financial support for UK exporters. Detailed in UKEF’s new annual report for 2023 to 2024, support for UK businesses helps turbocharge the economy...

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New Government drives forward trade talks to turbocharge economic growth

New Government drives forward trade talks to turbocharge economic growth

Trade Secretary Jonathan Reynolds set to deliver trade negotiations with international partners, including the Gulf Cooperation Council and India  Government will launch new trade strategy to help deliver its growth mission, with UK businesses and economic growth at the centre  UK was the world’s 4th largest exporter in 2022, with British goods and services in...