Only 20% of respondents to an EQ Credit Services survey are willing to borrow from an alternative lender in 2020, down from 62% in 2019.
Western Europe
Latest articles from UK
Currency concerns could derail Scotland’s independence bid
May 25, 2021As Scotland inches closer to independence, it’s worth examining the immediate fiscal and monetary hurdles the fledgling country would face.
A strong and simple framework for the regulation of UK banks?
May 19, 2021The UK regulator wants to simplify the rules for banks and building societies. How might this work?
How to regulate SPACs
May 14, 2021Listing reform promises hope for UK special purpose acquisition companies, but is it enough?
UK regulators looking to make ‘quick fixes’ to MiFID II
May 6, 2021Authorities have launched a consultation on the treatment of investment research and reporting requirements.
UK leads Europe in exploring the use of CBDCs
April 27, 2021The UK ranks fifth in the world in efforts to establish a central bank digital currency, according to PwC.
Goldman Sachs to open Birmingham, UK office
April 14, 2021US investment bank plans to employ hundreds of people at its largest UK office outside London.
EU and UK agree ‘bare bones’ MoU on financial regulatory co-operation
April 9, 2021UK had hoped for a more binding deal, but EU does not want to compromise control of its internal market.
Loan losses at UK banks forecast to fall 40% in 2021
April 8, 2021S&P Global has yet to see sustained deterioration in UK bank asset quality as country slowly emerges from pandemic.
London looks to the future
April 1, 2021Despite ongoing friction with the EU, there is hope the City can move in a new direction as a financial centre.