Rachel Reeves has clashed with the Bank of England as Revolut’s regulatory woes continue in its mission to secure a banking ...

A year on from gaining a U.K. bank license, Revolut is still in a “mobilization” phase which limits the amount of customer ...

The company is also considering the option of applying for a banking licence on its own, according to the Financial Times.

Fresh off a losing battle with the left wing of her own party over spending cuts, UK Chancellor of the Exchequer Rachel Reeves has run into a pillar of the establishment, central bank chief Andrew ...

Bank of England governor Andrew Bailey halts Rachel Reeves’s meeting with Revolut, citing concerns about political pressure ...

The Bank governor scrapped a three-way meeting involving the Prudential Regulation Authority, the Treasury and the fintech ...

Andrew Bailey blocked an attempt by Rachel Reeves to set up a meeting between Britain’s most valuable fintech company and ...

The Bank of England governor has reportely clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's ...

The Chancellor and the governor of the Bank of England have had several disagreements over the past year. But their latest ...

Revolut is in talks to raise new funding from investors at a $65bn valuation, according to people familiar with the matter, in a transaction that would fuel global expansion for Europe's most valuable ...

Tensions between the UK Treasury and the Bank of England have escalated over the stalled approval of Revolut’s full banking licence, prompting a rare and ...

Bank of England Governor Andrew Bailey reportedly stepped in to block a meeting that Finance Minister Rachel Reeves tried to ...