Coming to the US stockmarket – but a flotation is all about opinions on share valuation, not lending At Money&Co. we’re understandably interested in the progress of our American cousins in the US loan-based crowdfunding market. The US market is regulated differently, has a different emphasis (in essence it’s more business-orientated, while in the […]
Chairman of the Treasury Committee does not like what he’s hearing from banks – nor regulators Andrew Tyrie, chairman of the Treasury Select Committee offered a virtuoso display of irate discontent in a recent interview with the BBC. He argued in a radio interview that despite a raft of new rules designed to rein in […]
Mecmesin was an A-rated £1m loan with a hugely superior yield Half a million savers at Royal Bank of Scotland (RBS) and NatWest will see their interest rates cut by the end of the year as part of what banks are describing as a “simplification” of their product ranges, reports the Telegraph. The move follows […]
It’s not rocket science, but political consultation is taking time How much longer will the UK government take over consulting about which assets qualify for New Individual Savings Accounts (NISAs)? The savings situation is among UK consumers is critical, as a shocking report in The Mirror, reveals: “Nearly half of working families have less than […]
Signs of life at the “Bank of Vince” The British Business Bank (BBB) is at least partly the brainchild of Secretary of State for Business, Innovation and Skills, Vince Cable. As a consequence it is known amongst a few wags as The Bank Of Vince. But what ever you call it, the new state-owned bank, […]