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The UK has seen the steepest decline in cross-border buying. By the end of 2024, the number of people making cross-border purchases in the UK will have fallen by 16.8% since 2020. That鈥檚 largely due to the impact of Brexit, which added to the cost and complexity of shopping from countries in the EU. Spain and Italy are bucking the trend.

What it means for Barclays: The UK-based bank is trying to expand its presence in the US credit card market to boost its profit and share price. But recent co-brand card partnership losses like American are creating setbacks. Barclays lost the Choice Hotels co-brand to Wells Fargo last year. And Deutsche Bank will take over Lufthansa鈥檚 co-brand card from Barclays next year.

And then the third part is their international UK-based health and beauty retailer, Boots, which is huge in the country, the biggest one by far. So they've got those three pieces that they could play with/break up. Rajiv Leventhal:. I think they're going to hold on to the US pharmacy business.

But retailers should be careful about ad overload, considering a majority of consumers can have negative reactions to ads. 70% of UK adults think digital ads are annoying and unpleasant, per an October 2023 study from Picnic and YouGov. And 66% said annoying or intrusive ads led to them trusting the brand less. Increase the engagement.

Thirty-one percent of Gen Zers surveyed by Censuswide and Tink in the UK鈥攚here open banking rules are already in effect鈥攕aid their bank was at risk of losing them as a customer if it didn鈥檛 upgrade its digital tools and services. Gen Zers said competitors could win their business by offering tailored support for meeting financial goals (49%) or tools to manage spending (48%).

The news: UK regulator Ofcom is opening an inquiry into how the streaming landscape will evolve over the next 15 years after research from the Department for Culture, Media and Sport (DCMS) found that 5% of UK consumers (1.5 million people) will be left out of the streaming ecosystem by 2040 and will still rely on linear TV.

The pressure is on as regulators in the US and the EU raise red flags over user data and national concern issues, while OpenAI accuses it of stealing APIs.

The attack also impacted UK grocers Morrisons and Sainsbury鈥檚. Some of Ahold Delhaize鈥檚 US ecommerce and pharmacy operations were forced offline due to a cybersecurity issue, resulting in empty shelves at some stores and dragging down delivery partner Instacart鈥檚 Q4 sales outlook.

I'm saying us because we're all part of the British monarch Commonwealth. Marcus Johnson:. Speaking for everyone, are we? Suzy Davidkhanian:. Yep. Marcus Johnson:. Okay, good. All right. We're also joined by a senior analyst who covers retail and e-commerce for us in the UK and Western Europe. She's based in England. We call her Carina Perkins or Charles Dickens. Who would you be, Carina?

Some companies like British retailer Asos have opted to focus on loyalty programs instead in the hopes of driving recurring sales. Others have been pulled to Meta platforms and TikTok, leaning on their large audiences and shoppable commerce features instead.

Ford will make the biggest cuts this go-round with 4,000 layoffs in Europe and the UK over the next three years. It blamed competition from China and slow demand for EVs. GM will lay off around 1,000 employees, about half of whom are based at its tech center in Michigan. That鈥檚 on top of 2,700 layoffs and 5,000 buyouts earlier this year.

Sorry, it's everyone I know that lives in England right now. Marcus Johnson (04:32):. Yeah, no, it's fair. How close we are to other countries is a huge point of coming to the UK, so that's a fair answer. All right gents, very nice. These are the two guests we have for today's episode. Thank you gents for being here. Let's go to the fact of the day quickly before we move to the main episode. (04:51):.

The company is telegraphing a return to its British roots with a new campaign titled 鈥淚t鈥檚 Always Burberry Weather,鈥� featuring Cara Delevingne and Barry Keoghan. Early results from Bernstein鈥檚 brand heat tracker indicate that the messaging shift is resonating with social media users. Burberry also plans to introduce 鈥淪carf Bars鈥� to its global store fleet, starting with its New York City flagship.

The feature is available to customers in the US, Germany, Italy, and Spain and will launch in the UK soon. Why this can work: While extremely popular for checkout, PayPal wants consumers to spend more time in its app and use more of its products and services. To do this, it鈥檚 launched new features like PayPal Smart Receipts and Cash Pass.

Zooming out: Wikipedia has faced bias accusations elsewhere, including from Croatia, Japan, Spain, and the UK. Critics have claimed both liberal and conservative bias, though founder Jimmy Wales disputes systematic liberal bias exists. Why it matters: Marketers beyond India should be aware of Wikipedia鈥檚 critical role in the digital knowledge ecosystem.

The integration will affect multiple regions, including the US, UK, Germany, and Austria, where Freevee content will migrate to Prime Video's "Watch for Free" section. According to Amazon's official statement, this restructuring aims to enhance user experience by offering a unified streaming destination.