No-one can fault the good intentions of Which?, the well-known consumer champion. But its latest commentary on peer-to-peer (P2P) loans is a little bit pie-in-the-sky. The piece starts well, but ends badly: “With Best Rate savings accounts and Best Rate cash Isas struggling to beat inflation, peer-to-peer lending sites are an alternative to the banks that could see you […]
Money&Co. and the peer-to-peer (P2P) business lending sector in general are set to play a major role in providing income for older investors – retired or otherwise – according to Money&Co. CEO Nicola Horlick. “The forthcoming change to pension regulation, when from April onwards individuals over 55 can gain access to their pension funds without […]
2015 is set to be a big year for businesses looking for capital and individuals looking for excellent returns, according to Money&Co.’s CEO, Nicola Horlick. “The stage is set for strong growth in peer-to-peer (P2P) business loan crowdfunding,” she said. “That in turn means the prospect of strong growth for companies seeking the capital that […]
The working year starts in earnest for most people tomorrow. With it comes the usual mixture of blind optimism and dread pessimism. One of the most widely predicted events is that something will go bang – that there will be a failure in general crowdfunding, or in the peer-to-peer (P2P) business lending sector, which is […]
It’s back to work, and time for savers, investors and lenders to consider where to place their money for this year. As a peer-to-peer business lending platform ultimately regulated by the Financial Conduct Authority, we cannot comment on current loan offerings. We can however point out that gross indicative yields are currently around the 10 […]
Since when does good news emerge from a car crash? The latest Money Matters blog argues that systemic failure in the banking stem is a bad thing, but good news might emerge from difficulties in the alternative finance sector as a young industry begins to mature. The views our personal to our head of communications […]
In the second of a series of three blogs, Money&Co.’s head of communications and content, Martin Baker, makes more calls for 2015. His views are personal and do not necessarily represent the views of Money&Co. Following the earlier blog with its five predictions, I have two specific calls to make on alternative finance, with […]
As we head for 2015, the direction of travel for crowdfunding is clear. No-one can fault the government for a lack of enthusiasm for what we do at Money&Co. – we operate in the peer-to-peer (P2P) business lending sub-sector of crowdfunding. This autumn, David Gauke, financial secretary to the Treasury, was quoted in the Financial […]
Interest on fixed-rate deals continues to fall as banks and building societies keep top-paying accounts for new savers, according to a recent report in the Mail on Sunday. This represents grim news for savers and investors seeking for good returns on their capital. So here’s something to ponder, perhaps over a festive glass. “The top […]
Please see the latest Money Matters blog to read Money&Co. head of communications Martin Baker’s top five predictions for 2015. They are simple calls, using his experience as the former investment editor of the International Herald Tribune, associate editor of Sunday Business, and editor-in-chief of thestreet.co.uk, back in the day… The predictions are based on […]