We have spent hours doing some important numbers. Our objective was to calculate the average return on Cash ISAs. Bear in mind that the current rate of retail price inflation in the UK stands at 3 per cent. The average Cash ISA yield came out at… 1.03 per cent. Money&Co. looked at 233 ISA-investable cash accounts. […]
Money&Co.’s communications director is Martin Baker, the author and award-winning journalist. He has just written a short, very timely book that attempts, in the words of the cryptocurrency industry, to “mine” the truth from the fictions surrounding Bitcoin, cryptocurrencies and the blockchain technology that underpins them. Did somebody really buy two pizzas using Bitcoin – […]
After yesterday’s examination of access to investment, today we look at risk. A recurring theme of our news coverage and investment commentary is the benefit of diversifying risk (see, for example, the video on lending on this page). Rather than dash for growth, we have taken a conservative approach to borrowing. That strategy has helped […]
Once upon a time, cash was king. Nowadays, for income-hungry investors and savers, it’s a killer. Base rates have moved off their record low of 0.25 per cent to a still-measly 0.5 per cent. But savings rates on cash deposits remain stubbornly low – with minor banks offering 1.3 as the best easy-access account, according […]
As the Individual Savings Account (ISA) season gets into full swing ahead of the close of the tax year in April, we’ve been contacting some of our registered lenders – especially those with a chunk of capital parked in their account and not earning interest. It’s our role to vet borrowers very carefully, make sure […]
The end of the tax year draws near, and we are entering what is known as the Individual Savings Account (ISA) season. That means our registered lenders can get their returns tax-free. No income tax – and as lenders are not seeking capital gain, there is no question of capital taxes. But whether or not […]
The investment story of the autumn and winter has been the rise and rise (and fall and fall) of cryptocurrencies, with Bitcoin at the fore. As we’ve pointed out before, the area of cryptocurrencies is volatile, but, if it can be linked to real assets, potentially interesting. Here’s how the Daily Express reports the latest […]
The alternative finance sector has a long-standing duty to raise awareness and understanding of what it does. It’s more than simple marketing – it’s a mission to enlighten, to get across the simple message that banks are not the only answer to financial problems. So it’s with some pleasure that we report the launch of […]
Cryptocurrencies are increasingly popular amongst peer-to-peer (P2P) lending platforms. We can see the virtue of an Initial Coin Offering (ICO) in that it can create liquidity where there was one before. The ICO is an interesting animal. But we’ll not be doing an ICO just for the sake of liquidity. At Money&Co. we’re old-fashioned enough […]
If you can’t assess risk, you shouldn’t invest money. With that in mind, we look at the following statement, with which we heartily concur: “Risk versus return in the peer-to-peer lending (P2P) market is defined by the borrowers,” write our friends at Orca Money. We run a short extract of the Orca piece below. As […]