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Peer2Peer Finance News | June 22, 2017

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Autumn Statement

MarketInvoice and Funding Circle represent P2P on fintech delivery panel

February 3, 2017 |

MARKETINVOICE and Funding Circle executives are among the industry experts selected for the Treasury-backed fintech delivery panel, which will aim to maintain the UK’s position as a global fintech hub.

Anil Stocker (pictured), chief executive of MarketInvoice and Martin … Read More

Nearly half of Brits don’t know where to find business funding

December 6, 2016 |

FORTY five per cent of Brits do not know where to turn for business funding, and 64 per cent do not have the financial means to support their business ventures, according to a new survey.

Just over a third (35 … Read More

Autumn Statement: What does it mean for SME funding?

November 28, 2016 |

FUNDING for start-ups, corporate tax cuts, and high-speed broadband – at first glance, the Autumn Statement seemed to be full of good news for small- and medium-sized (SME) businesses. But zoom in on the fine print and a different story … Read More

Autumn Statement: What does it mean for savers?

November 25, 2016 |

AS THE dust settles around the Autumn Statement, savers are starting to get a much clearer view on what the future holds.

Ever since the Bank of England base rate was cut to 0.25 per cent in August, most traditional … Read More

Autumn Statement: Tech City UK will deliver new fintech measures

November 25, 2016 |

A FINTECH delivery panel and a fintech professional services hub are being developed as part of the government’s measures to support the sector.

Tech City UK, a Shoreditch-based initiative started by former Prime Minister David Cameron in 2010 to support the … Read More

Autumn Statement: Fintech front of queue for £2bn innovation investment

November 23, 2016 |

CHANCELLOR Philip Hammond has pledged a further £2bn for research and development, alongside £400m to support scale-ups, with fintech firms understood to be at the front of the queue.

Introducing the Autumn Statement to Parliament on Wednesday, the chancellor said that the innovation investments would … Read More

Autumn Statement: Online property lenders call for more support

November 23, 2016 |

ONLINE property lenders heralded the £7.2bn investment in housebuilding confirmed in the Autumn Statement, but called for more support for the sector.

Among the initiatives announced were a £2.3bn housing infrastructure fund to deliver up to 100,000 new homes … Read More

Autumn Statement: £500,000 for fintech specialists and new annual census

November 23, 2016 |

THE TREASURY has pledged to spend £500,000 a year helping to attract investment in the UK’s fintech sector.

In Wednesday’s Autumn Statement, it said that the Department for International Trade will provide the funding for “fintech specialists”. A Treasury … Read More

Autumn Statement: Small businesses demand Brexit clarity

November 23, 2016 |

ALMOST two thirds of the UK’s small businesses are concerned about their future post-Brexit, while the vast majority believe conditions are the same or worse since last year’s Autumn Statement.

A new survey from software firm Epos Now found that … Read More

Autumn Statement: Lower growth forecasts put pressure on Hammond

November 23, 2016 |

GROWTH forecasts for the UK are set to be slashed today due to Brexit uncertainty, putting further pressure on Chancellor Philip Hammond to provide fiscal support in the Autumn Statement.

The Office for Budget Responsibility (OBR) is expected to cut its … Read More