Geeting our point across – Money&Co. CEO Nicola Horlick spreads the word on crowdfunding The message is clear: low interest rates are creating huge problems for savers and investors dependent on deposit account yields (as reported here earlier). People dependent on income from annuities (fixed-income instruments that used to be an automatic accompaniment of a […]
The savers’ dilemma – believe there’s more of this tomorrow, or do something about it now? Savers and deposit-account investors have had a particularly tough time of it in recent years. There’s no need to take our word alone on the topic. See what the Telegraph has to say on the subject: “Savers have become […]
Crowdfunding is a “real alternative” to low-yielding bank deposits Exciting times in the world of crowdfunding. As the Financial Times puts it (subscription required): “Crowdfunding’s rise to prominence has been remarkable. In little more than a decade, it has become a recognised way for companies, both young and established, to raise finance from a wide […]
Nicola Horlick on bank depositors’ plight Money&Co. CEO, Nicola Horlick, examines the interest rate environment ahead of the forthcoming Bank of England Monetary Policy Committee announcement. In her latest blog, she notes the plight of deposit account investors: “The fact that interest rates are less likely to rise than previously thought has been reflected in […]
Check it out online – the figures tell their own story The Financial Times does not mince its words. It has just published an article on the banking sector with the doom-laden caption: “Margins, profits and dividends will never fully recover.” The newspaper’s FTMoney editor, Jonathan Eley is in no doubt about the future for […]
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 […]
Rate rises are simply not being delivered to savers, say commentators As we reported last week (see last Thursday’s News story), it’s not a question of if interest rates will rise, but when. After the release of the Bank of England’s inflation report last Thursday, the consensus among commentators is drifting towards a later rise […]
Savers and investors are entitled to a lot more of this By leaving their savings in low-yielding accounts with banks and building societies, British savers will lose over £57 billion in potential investment income over the next year. The phrase the Great Bank Robbery became part of common parlance years ago. Now, we’re witnessing the […]