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Peer2Peer Finance News | August 23, 2017

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base rate

Carney shoots down speculation of rate increase

June 20, 2017 |

BANK OF England Governor Mark Carney (pictured) has hinted that there will not be an increase in the base rate for some time, which could spell good news for peer-to-peer lending platforms.

His comments came less than a week after … Read More

Ratesetter doubles new investor accounts since base rate cut

September 16, 2016 |

RATESETTERĀ has seen a surge of new investment since interest rates were cut one month ago, fueling hopes that more investors will turn to peer-to-peer lenders as the 0.25 per cent base rate is held for a second month.

The platform … Read More

Savers search for better deals as inflation rate stagnates

September 13, 2016 |

The UK inflation rate remained unchanged at 0.6 per cent in August, according to official figures released today, despite the base rate cuts earlier that month and the weaker pound.

This follows evidence from Hargreaves Lansdown that shows savers are … Read More