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 […]
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 […]
Savers’ rate cuts aren’t passed on to borrowers Savers have had a tough time over the last few years. Banks continue to pay extremely low rates of interest to depositors and, despite talk of interest rates rising in due course, RBS and Barclays decided recently to cut the savings rate for certain customers. More specifically, […]
Strong balance sheets? Profits? Come to us It is always gratifying when a forecast is achieved. When we launched Money&Co. at the end of April, we predicted that the average gross yield on our loans would be 8 per cent. Since then, eight auctions have closed and the average gross yield achieved has been 8.2 […]
Attractive crowdfunding yields from carefully vetted compnaies can help with a deposit A recent survey conducted by Lloyds Bank has found that the amount of money saved by families has halved over the past forty years. In the 1970s, despite this being a period of financial turmoil for Britain, households saved just under 10 per […]
Every credit: SMEs need to be able to borrow to build a better future There have been various surveys over the past few months which have shown that many SMEs (small and medium-sized enterprises) have given up on the idea of borrowing money. Constant rejection has got to them. There is also a sense that, […]
Small business need more than occasional drips of credit One of the reasons people cite for not wanting to invest in unquoted securities, whether that is shares in private companies or loans to private companies, is the lack of liquidity. Everyone wants to know that if there is an unexpected financial event in their lives, […]
There’s gold in them there hills – just not for bank deposit account customers Would it make any difference if bankers were made to swear an oath when they entered the profession like doctors? ResPublica, an independent, non-partisan think tank, thinks it would. In a paper published this week, the authors argue that virtue needs […]
Nicola speaking at a drinks reception for investors in Glentham Capital It’s always interesting to compare the UK to other markets, especially America. It gives us a better idea of how we’re doing now, and, often, where we might go next. The United States is the land of the free, a land where anyone can […]
SMEs, many of which are biotechnology companies, need our support When I say that I am trying to help small and medium-sized enterprises (SMEs) in the UK by providing an alternative source of finance to the banks, people often ask why that’s important. There are just over 24 million people working for private businesses in […]