Monthly Archives: July 2014

“Proposed Moral Code For Bankers Irrelevant” – Nicola Horlick

Bankers: proper pledge or pious aspiration? “Would it make any difference if bankers were made to swear an oath when they entered the profession like doctors?” asks Money&Co. CEO, Nicola Horlick in her latest blog. The answer, in the full text, is an unequivocal “no”. “ResPublica, an independent, non-partisan think tank, thinks it would.  In […]

£1.4 Trillion Bank Deposits Earn Us “Virtually Nothing”

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 […]

Banks Fail SMEs – And Their Own Core Values

The banking system is broken, and it does need fixing Money&Co. CEO Nicola Horlick lambasts the UK banks in her latest blog – to be published in full tomorrow, with an excerpt in the Metro newspaper. Here’s a sneak, exclusive snippet from the full text. After pointing out that lending to small and medium-sized enterprises […]

Surge In Demand As Crowdfunding Heads For £1bn Mark

Either a borrower or a lender be – a new financial infrastructure is in the making The Financial Times (subscription required) continues to discuss the news we reported yesterday that peer-to-peer (P2P) lending is set to hit the £1bilion mark. In the first six months of 2014, new peer-to-peer lending to businesses (which we prefer […]

Crowdfunding “To Hit £1bn By Year End”

There’s growth in the UK economy – but no thanks to the banks Crowdfunding industry body, the Peer 2 Peer Finance Association (P2PFA) has released figures that show the robust health of crowdfunding as an alternative source of finance for business. The P2PFA figures show that “peer-to-peer lenders lent over £500 million of new money […]

EU Regulatory Constraints Hamper SMEs And Banks

  Crowdfundinsider, a leading crowdfund intelligence platform, interviewed Money&Co. CEO Nicola Horlick recently. The result was a wide-ranging feature about Nicola’s business interests in the crowdfunding sector. Here Nicola speaks about Money&Co. Her views on the impact of EU regulation on business funding for small and medium-sized companies are particularly trenchant: “Crowdfunding is the future […]

Business Breakfast At Money&Co.

Toby Furnivall, a senior credit analyst, opines – and Nicola wonders who the photographer is!  This week saw the first of a series of breakfasts hosted by Money&Co. for lenders and potential lenders. Held in our Mayfair offices, Nicola Horlick and the Money&Co. team were able to meet the force that makes the crowdfunding business […]

Alternative Finance To “Absorb Banks’ Business Flow”

Drop by drop, alternative finance is set to take a bigger market share of SME loans Money&Co. CEO Nicola Horlick issues a rallying cry to the alternative finance sector in her latest blog. Money&Co. facilitated the first crowdfunded non-property-backed loan of £1 million in the UK in its first weeks of trading, but the Money&Co. […]

How We Doin’? US SMEs Are Point Of Comparison

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 […]