Will the coming avalanche of high costs really affect you? Well, according to trade media outlet Altfi, a pay bump is reasonable to expect. We were surprised. Really? Well, this is how Altfi reports it: The fintech world took note yesterday after a leading investment bank warned inflation could spiral to above 18 per […]
There are no prizes, that we’re aware of, for stating the obvious. But if there were such a thing, the trophy (we’re thinking something very tacky and cheap, bought from a high-street jeweller) would have to be split between our friends at P2P Finance News (an important and reliable source of news on peer-to-peer [P2P]] […]
We’re heading for the mainstream. Here’s one reason why: Our lenders, in the four years we have been facilitating peer-to-peer (P2P) loans, have achieved returns of over 8 per cent. Inflation in the UK is running near the 3 per cent mark. Set that against the fact that cash deposits that qualify for Individual Savings […]
The figures make for grim reading. The first interest rate rise in a decade has seen very little benefit accrue to savers and investors in cash deposits. The quarter-point hike in base rates to 0.5 per cent has had virtually no effect, in fact, as income-hungry investors may have noticed. We predicted as much before […]
It’s now officially autumn. The nights are drawing in. Temperatures are dropping. It’s getting cold outside. You’ve probably already guessed where we’re going with this. It’s in the cold and the dark that holders of cash deposit accounts find themselves right now. Inflation is rising, but cash deposit rates certainly aren’t. According to independent savings […]
The FTSE100 share index has finally breached its previous all-time high of 15 years ago. But Nicola Horlick, CEO of Money&Co., wonders what all the fuss is about. In her latest blog, Nicola argues that the FTSE100 has failed to keep up with price inflation, which (depending on the measure you use) has risen over […]
There was much excitement yesterday when the UK stockmarket finally reached a new all-time high. The FTSE 100 share index closed at 6950, beating its previous high of 6930, which was achieved on 22nd December 1999. There are a number of points to make about this so-called landmark. The first is that if the FTSE […]