The banking system is broken, and it does need fixing Money&Co. CEO Nicola Horlick lambasts the UK banks in her latest blog – to be published in full tomorrow, with an excerpt in the Metro newspaper. Here’s a sneak, exclusive snippet from the full text. After pointing out that lending to small and medium-sized enterprises […]
There’s growth in the UK economy – but no thanks to the banks Crowdfunding industry body, the Peer 2 Peer Finance Association (P2PFA) has released figures that show the robust health of crowdfunding as an alternative source of finance for business. The P2PFA figures show that “peer-to-peer lenders lent over £500 million of new money […]
Crowdfundinsider, a leading crowdfund intelligence platform, interviewed Money&Co. CEO Nicola Horlick recently. The result was a wide-ranging feature about Nicola’s business interests in the crowdfunding sector. Here Nicola speaks about Money&Co. Her views on the impact of EU regulation on business funding for small and medium-sized companies are particularly trenchant: “Crowdfunding is the future […]
Nicola speaking at a drinks reception for investors in Glentham Capital It’s always interesting to compare the UK to other markets, especially America. It gives us a better idea of how we’re doing now, and, often, where we might go next. The United States is the land of the free, a land where anyone can […]
Lush and plush, Business First will reach an elite readership Congratulations to the brand-new Business First magazine. Its launch issue features an exclusive interview with Sir Martin Sorrel and an extensive, exclusive feature on crowdfunding, penned by Money&Co. chief executive, Nicola Horlick. Here are some highlights from Nicola’s article: “What we’re doing is addressing a […]
CMA is set to inquire into banks’ SME services The lack of lending to small and medium-sized businesses (SMEs) is partly a problem of the SMEs’ own making, says The Independent. Reporting on the Competition and Markets’ Authority’s decision to refer the banking sector for a full competition enquiry, the newspaper accuses SMEs of being […]
The banks’ convoluted financial mechanism continues to fail SMEs Lending to small and medium-sized businesses (SMEs) fell in the first quarter of this year, according to figures just released by the Bank of England. Net lending, a measure that counts repaid loans, fell by £2.7 billion in the first quarter of 2014, with SMEs seeing lending […]
Crwodfunding is not just for the rich – and not a banker in sight One way of looking at crowdfunding is to see it as finacial democracy in action: crowdfunders aim to bring people and businesses together. Crowdfunding isn’t meant to be for the rich, for the elite. And it’s not meant to be exclusively […]
SMEs, many of which are biotechnology companies, need our support When I say that I am trying to help small and medium-sized enterprises (SMEs) in the UK by providing an alternative source of finance to the banks, people often ask why that’s important. There are just over 24 million people working for private businesses in […]
We endorse the figures – not necessarily the text! More mixed news on the likelihood of a rise in interest rates. The bad news comes from BBC online, which reports that the rate of UK inflation rose to 1.9 per cent, up from 1.5 per cent in May, according to the Office for National Statistics. […]