The UK Payment Systems Regulator will consult on profitability reporting for Mastercard (MA) and Visa (V)
N12's Shapira says, on the morning's geopolitical updates, that it "feels like an endless bluff"
UK's Burnham says do not think Brexit has improved things, not said we should focus on re-joining, need to focus on domestic
The UK Payment Systems Regulator will consult on profitability reporting for Mastercard (MA) and Visa (V)
EU Commission downgrades 2026 GDP growth forecast to 0.9% (prev. 1.2%), 2026 inflation revised to 3.00% (prev. 1.9%)
Russia says only Iran should decide the fate of its uranium stockpile, ready to help Tehran and Washington implement possible solutions related to enriched uranium
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- In its review of card scheme and processing fees, the PSR found evidence that profit margins were higher than expected in competitive markets. It decided to require Mastercard and Visa to provide UK card-operations profit-and-loss accounts with relevant disaggregation.
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