Regular visitors to this News site and its related blogs will know we take a keen interest in cryptocurrencies and their digital currencies (which are not cryptocurrencies) Central Bank Digital Currencies (CBDCs). Here’s a recent blog on what we think CBDCs are a coming thing, like them or not. So we were interested in what […]
The Individual Savings Account (ISA) allows individuals to save as much as £20,000 per annum into cash deposits, shares or peer-to-peer (P2P) loans – and take the benefits of their investments tax-free. The deadline for investing is the end of the tax year, on 5th April, and we are now entering what’s known as the […]
Regular visitors to this News site will be aware of our early embrace of cryptocurrencies and digital tokens as the future of money. We still adhere to that point of view – especially the crypto aspect. Cryptocurrencies are governed by an independent algorithms, as opposed to digital tokens, where a company or central bank governs […]
The digital revolution and the opening up of the baking market to “challenger” banks is one of the major financial trends. But it can be overdone – as a cautionary tale from the US, reported by our friends at Altfi, illustrates. The business of handling open banking data can be a messy one, as demonstrated […]
The top financial watchdog, the Financial Conduct Authority, has published a paper on proposed regulation of the way high-risk investments are promoted. Our friends at P2P report the news this way: The Financial Conduct Authority (FCA) said it is planning to ban the promotion of investor incentives, such as new joiner or refer-a-friend bonuses, to […]
The recent report from the Economic Affairs Committee of the House of Lords is a classic case of heads in the sand – or wherever the sun doesn’t shine. The members of the committee are on the whole clever people with strong backgrounds in finance and its academic study. They seem to be committed to […]
We have a communication problem. The message we are trying to get across to registered lenders is to take the next step – once you’ve registered, the important next step is to pick a loan and deploy your capital. The vast majority of lenders do just that. But some leave their money lying in their […]
There’s a strong body of opinion among economic commentators that the UK is embarking upon a difficult period. High inflation, a struggling small-and medium-sized business sector and a woeful lack of leadership from government betoken tough times ahead. Money&Co., thanks to its policy of cautious lending and pursuing asset-backed and other specialist niche deals, is […]
Rapidly expanding new asset class, or dangerous speculative gold rush? Cryptocurrencies have been grabbing the headlines with the wild fluctuations of the prices of its leading players. That’s attracted attention and big speculative – without, as speculation implies, necessarily an appreciation of the risks involved. The UK government is now moving to make it more […]
The insulating effects of our niche lending policies – avoiding the rollercoaster credit ride of the general economy – are becoming clear. Our friends at P2P Finance News report: Peer-to-peer lending chiefs are predicting a rise in defaults for unsecured loans this year but not for asset-backed facilities. The Bank of England’s latest credit conditions […]