Fee Ban
Banking Business Credit & Debit Cards Spend & Save

UK businesses brace for credit and debit card fee ban coming into effect this weekend

Companies and service providers will no longer be allowed to charge customers for using a credit or debit card under a new law coming into effect on Saturday. The Government in July last year unveiled its intention to introduce the ban, saying that up until now shoppers across the UK were being charged up to […]

Financial sector lose passporting rights post-Brexit
Banking Business Economics

Brexit: What does Britain losing its EU ‘passporting’ rights mean for banks and how will it affect the economy?

The EU’s chief Brexit negotiator Michel Barnier made it clear on Monday that, when the UK leaves the single market, financial services firms based in Britain will lose their “passporting” rights. “On financial services, UK voices suggest that Brexit does not mean Brexit. Brexit means Brexit, everywhere,” Mr Barnier told the Centre for European Reform. […]