UK Budget 2018: Retailers Urge Government To Boost Third Parties, Cut Card Costs

A major British retail group has called on the government to use next week’s budget as a platform for injecting greater competition into the payments sector, by supporting emerging third-party providers and tackling high costs associated with card payments.

The British Retail Consortium (BRC), a trade association whose members make up more than two-thirds of retail turnover in the UK, has submitted a paper to Chancellor of the Exchequer Philip Hammond ahead of Monday’s budget speech.

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