Crowdfundinsider reports on the latest Federation of Small Businesses figures. At Money&Co., we certainly share the writer’s point of view: “In the UK, similar to other parts of the world, SMEs are the engine of economic growth and associated job and wealth creation. According to the Federation of Self-Employed and Small Businesses (FSB); Small businesses account for […]
The Bank of England has published its Statistical Release for Money and Credit for December 2015. During the month, loans to non-financial businesses decreased by £3.7 billion compared to an average monthly decrease of £0.3 billion over the previous six month period. As a result of the sharp decline in December, the twelve-month growth rate […]
There’s The City of London (think of bankers in suits) and the virtual city of alternative finance (dress code: pretty much what you want). The former is stagnant and declining, despite the furious prodding of a government trying to stimulate action. The other is growing at a great pace. The common objective of both cities […]
Our friends at CityAM reports on a boom in our sector of crowdfunding: “Peer-to-peer finance firms lent more than £2.2bn last year as the sector doubled in size, according to new figures. “The number of lenders jumped 22 per cent to 128,000 while the number of borrowers surged 96 per cent to 273,000, industry body […]
Alison Coleman writes in Forbes on the changing European FinTech scene, with London currently at its centre. As part of that FinTech scene, we have an exciting 2016 lined up, with a pipeline of new loans all set to come on stream. Watch this space. “An abundance of tech talent, a responsive regulatory environment, and the […]