Billions are being wasted – but where will interest rates go? Savers with banks and building societies have had a terrible time of it over the past few months. As reported in various media outlets and on this site, investment yields are at a very low point, and “simplifications” mean that hundreds of thousands of […]
A timely, trenchant book, published by Random House “Bad Banks: Greed, Incompetence and the Next Global Crisis” is well-written, well-argued and well-timed. Daily Mail City editor Alex Brummer pulls no punches as to how the UK’s banks have failed and continue to fail us all in abysmal fashion. Here, he sums up Barclays Bank’s recent conduct: […]
The banks are nothing if not consistent – the systematic failure to support small business continues New research reveals that 59 per cent of start-ups have been rejected for a bank loan to start their business, according to a report from business media outlet, startups.co.uk. The study on which the report is based was undertaken […]
Show them the money! Investors are victims of the banks’ Great Savings Robbery Recent reports in the media and on this site that half a million savers at Royal Bank of Scotland and NatWest will see their interest rates cut by the end of the year as part of what banks are describing as a […]
The gap between bank deposit rates and loan returns has got even wider The UK’s banks get a real roasting in the latest blog by Nicola Horlick, Money&Co.’s CEO. The numbers tell their own story. As banks ruthlessly cut savings rates, as highlighted in recent reports in the media and on this site, the gap between […]
Confessions in October – sounds like fun! No-one’s perfect. While we’re very excited by the way things are roaring along at Money&Co., there are one or two matters we might have dealt with differently, given the benefit of 20-20 hindsight. That’s what happens with start-ups, where the one thing you can predict with total certainty […]
It’s finance, folks, but not as SMEs know it… British small and medium-sized companies are in Donald Rumsfeld territory. See below his famously contrived, yet logical, disquisition on knowledge and its practical use in statecraft: “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, […]
Stephen Maher of MBA leads a crack team of creative digital expertise We’re very pleased to announce the appointment of a new digital marketing agency to provide further impetus to Money&Co.’s strong start since launch in late April. We’ve already facilitated over £2.65 million in loans since we began operating, and the pipeline of offerings […]
Mar-Key is the silent presence at many major sporting events, weddings, and on industrial sites We are delighted to announce the arrival of a major new loan on the Money&Co. platform. The Mar-Key Group manufactures and installs large-structure marquees for major events, weddings and industrial sites. The company, which is privately owned and Dorset-based, also […]
Innovate Finance is off to a good start Chancellor George Osborne’s speech this week end yielded two pieces of good news. The first was more funding for the British Buiness Bank, and the second was a sign that the new talking shop, Innovate Finance, might be able to get things done rather than just talk […]