The payments industry in the United Kingdom is reportedly advocating for changes to fraud-reimbursement rules that are set to be enacted Oct. 7. Despite changes announced by the Payment Systems Regulator (PSR) Wednesday (Sept. 4), the industry is pushing for further amendments to these rules, Bloomberg reported Friday (Sept. 6). The Payments Association wrote to...
Tag: international
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UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law | PYMNTS.com
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to favor its own ad technology services. The regulator added that it will accept comments on this “statement of objections” before deciding whether the company has...
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Unions to UK Banks: Get Ready to Retrain AI-Displaced Workers
Unions in the United Kingdom want the country’s banks to be ready to retain workers displaced by artificial intelligence. At the U.K.’s Trades Union Congress next month, labor organizations will call on lenders, insurance and accounting firms to be prepared to assist millions of workers whose jobs could be impacted by AI, the Financial Times...
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UK Regulator Closes Probe Into Apple and Google App Stores, Citing Shifting Priorities
LONDON — The U.K. competition regulator has closed its investigations into Apple’s App store and Google’s Play Store on the grounds of shifting “administrative priorities” as it prepares to rollout stronger enforcement powers over tech companies. The Competition and Markets Authority (CMA) opened an investigation into Apple in 2021 following complaints from developers over the...
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Chris York, Beloved U.K. Promoter, Dies at 55; Tributes Pour in from Liam Gallagher, Shed Seven & More
Tributes from across the live music industry have been paid to Chris York, one of the United Kingdom’s leading promoters and a director of SJM Concerts, following his death at age 55 following a long illness. In a statement on Thursday (July 25), SJM Concerts said the company was “deeply saddened” to announce the passing...
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Judi Dench, Jay Blades Travel Documentary to Air on U.K.’s Channel 4
U.K. broadcaster Channel 4 has ordered a one-off hour-ong biographical travel documentary featuring Judi Dench and British furniture restorer and TV host Jay Blades (The Repair Shop), titled Dame Judi & Jay: The Odd Couple. “Despite being born nearly 40 years apart and taking very different journeys in life, stage and screen legends Dame Judi Dench and Jay...
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Cash App Exiting UK to Increase Focus on US
Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it was shutting down Cash App UK on Sept. 15 after six years. “We do not make decisions like this lightly, as we know they impact our customers, our partners, and...
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2024 British Open predictions: Who experts are picking to win at Royal Troon
SoFi Center rises for Tiger Woods’ interactive golf league The 1,500-seat SoFi Center will house the TGL interactive golf league founded by Tiger Woods and Rory McIlroy. The league is due to launch in January. This weekend, the best golfers in the world will meet at the Royal Troon Golf Club in Scotland for the...
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Taylor Swift Helps Lift UK Vinyl and CD Music Sales to Half-Year High
Vinyl and CD music sales grew 7.9% to £164 million ($213 million) in the United Kingdom in the first six months of 2024, due in no small part to the all-conquering, seemingly unstoppable success of Taylor Swift, according to mid-year figures from the Digital Entertainment and Retail Association (ERA). Released in April, Swift’s eleventh studio...
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The Task Ahead for the New U.K. Government – and Why the Culture Secretary Is Not “Minister for Fun”
Within the U.K.’s entertainment industry, as the country soaks up the vast change brought about by a historic general election, there is hope. Britain’s new Prime Minister Keir Starmer, who takes over from Tory leader Rishi Sunak, made few promises during his campaign, but the Labour Party‘s Creative Industries Sector Plan, published in March, offered...
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BBC Takes ‘Made in Korea: The K-Pop Experience,’ Reality Series Training Brits for New Boy Band
A Korean pop series promising to be “a music experiment like no other” is set to launch on BBC One and BBC iPlayer this summer. Made in Korea: The K-Pop Experience is a six-part reality show following five boys from across the U.K. as they are put through the famed K-pop training process for 100...
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Universal Music UK to Merge Island and EMI Labels in Next Stage of Restructuring
LONDON — Universal Music Group is to merge its historic Island and EMI label divisions as part of a widespread restructuring of the company’s U.K. business that will also see the launch of new Audience and Media Division to support artists and labels. The announcement was made on Tuesday (July 9) by David Joseph, chairman...
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