We have several dates with destiny this week. The Money&Co. site has experienced another rash of bids for the loan offering from Olsen Doors & Windows (B-rated with a 10.5 per cent gross indicative yield at the time of writing). With eight days to go, 81 per cent of the £250,000 target has been reached. […]
This week end a Daily Mail article examined the situation of a category of consumer defined in its headline as “fed-up savers”. The wording of the piece is self-explanatory. “Increasing numbers of savers are tempted to cut out the banks and direct their money into Peer-to-Peer (P2P) loans – and no wonder, with returns of […]
Markets don’t like uncertainty. The polls continue to suggest that the election result is far from certain in the UK and this is affecting the stock market and currency markets. The FTSE 100 index fell 1.63 per cent in March and Sterling has been weak against the dollar, falling 4.4 per cent in the last […]
Money&Co. is all about bringing people together with businesses. Today, we have a new business seeking lenders on our platform. Please take a look, and form an opinion. Olsen Doors & Windows Limited has passed our rigorous credit-analysis process with a B rating. Its current indicative yield is 10.4 per cent, and the offering has […]
Today is a momentous day. It’s the feast of Saint Patrick: the keg beer in many a New York bar goes green; Google does its search-page thing with Irish cliche; Dublin is even livelier than usual; anyone who stakes a claim to Irish blood in their veins – and many who don’t – go out […]
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 […]
Money&Co. CEO Nicola Horlick voices her concern for UK savers and investors in her latest Money&Co. blog. She argues that many economists believe that the European Central Bank “is not doing enough and that its programme of quantitative easing will not be sufficient to help Europe avoid deflation. If deflation begins to entrench itself in […]
The Mirror is scandalised by the low yield level of fixed-rate savings accounts (also known as “bonds’). The media outlet also sees a political motive behind the UK government’s decision to extend the deadline on the one bright spot in this market. “The Government has just announced it will extend the sale of the popular […]
Commentators are noting that the crowdfunding space is getting more and more crowded. A note from the independent intelligence platform, Economy Watch, monitors the excitement around marketplace lending, also known as peer-to-peer (P2P) business lending. “Peer-to-peer lending, the online platforms which allow you and I to lend directly to people and businesses who want to […]
Ahead of a large new loan coming to the Money&Co. site this week, we thought that we’d focus on the risks of peer-to-peer (P2P) business lending (also known as marketplace lending). Our philosophy is all about bringing people and businesses together, to provide potentially excellent returns for lenders, and to facilitate capital that quality companies […]