A timely, trenchant book, published by Random House “Bad Banks: Greed, Incompetence and the Next Global Crisis” is well-written, well-argued and well-timed. Daily Mail City editor Alex Brummer pulls no punches as to how the UK’s banks have failed and continue to fail us all in abysmal fashion. Here, he sums up Barclays Bank’s recent conduct: […]
It’s finance, folks, but not as SMEs know it… British small and medium-sized companies are in Donald Rumsfeld territory. See below his famously contrived, yet logical, disquisition on knowledge and its practical use in statecraft: “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, […]
Nicola and Money&Co. team will take to the road In her new blog, Money&Co. CEO Nicola Horlick praises the virtue of lending to small and medium-sized enterprises (SMEs) – and is sharply critical of traditional sources of credit that have starved SMEs to the point where, she claims, many SMEs “have given up on the […]
Drop by drop, alternative finance is set to take a bigger market share of SME loans Money&Co. CEO Nicola Horlick issues a rallying cry to the alternative finance sector in her latest blog. Money&Co. facilitated the first crowdfunded non-property-backed loan of £1 million in the UK in its first weeks of trading, but the Money&Co. […]
Sweet success? Minibinds are next up for crowdfunding Trade news organisation Alternative Finance is on the track of future developments in the exapanding crowdfunding market after a recent post regarding Hotel Chocolat and its successful minbond issue. Nicola, the “acclaimed fund manager and Founder of Money & Co., confirmed that the platform’s first mini-bonds are […]
The high-street banks may not want to lend, but they may be forced to point would-be borrowers in the direction of other potential sources of finance. This week sees the beginning of a governmental review process, whereby banks may be required to make companies aware of alternative sources of finance, including crowdfunding, reports the Telegraph. […]
“Crowdfunding and Person-To-Business financing (P2B) are relatively new parts of the finance industry – or at least their popularity is relatively new,” says Money&Co. CEO, Nicola Horlick. Money&Co. notes with interest how quickly that popularity is increasing. A recent report by Reuters indicates that “a British hedge fund plans to bring peer-to-peer (P2P) lending, hitherto at […]