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 […]
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 […]
UKCFA chair offers wisdom in 140 characters or less The news is undoubtedly good for our latest loan auction offering. At the time of writing, our manufacturing borrower has raised over 70 per cent of its £540,000 target, with nearly £100,000 raised in the last working day. But let’s take a step back. One of […]
BCC criticises a system that’s not getting money to business The British Chambers of Commerce (BCC), a business lobby group, this week said the recovery was “moving forward” but warned that “repairing our broken business finance system” was “a top priority”, according to a report from the BBC. “These results reinforce the case against the […]
The recently announced failure of a crowdfunding site, YES-secure, offers food for thought for all connected with the industry – individual lenders and investors, borrower businesses, regulators, and the crowdfunding platforms. The early indications are that lenders will not lose their money as a result of the YES-secure platform failure. Some might say this is […]
Make sure their houses are in order A crowdfunding platform has failed – providing a lesson for would-be investors, crowdfund platofrms, regulators, and all in the industry. The first, and most obvious point is the simplest: just because a platform calls it self “secure’, that may not really be the case. “YES-secure is the most […]