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Peer2Peer Finance News | May 24, 2018

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Falling inflation sparks interest rate warnings

May 23, 2018 |

INFLATION has fallen to its lowest rate in 18 months, leading experts to predict that there will be no rise in interest rates before the end of the summer.

According to new data from the Office for National Statistics, inflation … Read More

Chancellor appoints fintech envoys for Wales and Northern Ireland

May 17, 2018 |

FINTECH envoys have been appointed for Wales and Northern Ireland, to help the sector flourish after Brexit.

Richard Theo, co-founder and chief executive of Wealthify, has been named fintech envoy for Wales, while Georgina O’Leary, director of innovation, research and … Read More

Zopa to boost regulatory clout ahead of Brexit

May 11, 2018 |

ZOPA is recruiting staff to bolster its regulatory expertise and influence ahead of industry changes and developments such as Brexit.

The peer-to-peer lender is advertising for a public and regulatory affairs officer who will be responsible for building relationships with … Read More

Forget Brexit, UK economy expected to have bigger influence on house prices

May 10, 2018 |

THE UK’s economic growth will have the biggest influence on house prices over the next five years, according to new research.

The survey of small- and medium-sized enterprises (SMEs) in the housebuilding sector, published by specialist mortgage lender LendInvest, showed … Read More

Irish central bank launches fintech hub

April 24, 2018 |

THE CENTRAL Bank of Ireland is set to launch a fintech innovation hub as part of its plans to attract firms post-Brexit.

The bank said it would also start an industry engagement programme as it looks to maintain pace with … Read More

A quarter of UK SMEs planning to go global for growth

April 11, 2018 |

ALMOST a quarter of the UK’s small- and medium-sized enterprises (SMEs) are looking at international trade in order to fuel growth this year, according to new research.

Distribution company CitySprint surveyed over 1,000 decision makers and owners at UK SMEs and … Read More

Growth Street: London’s SMEs lead awareness of alternative finance

April 9, 2018 |

LONDON’S small- and medium-sized enterprises (SMEs) have better knowledge of alternative finance options available for exporting than businesses in other parts of the UK, according to Growth Street.

The peer-to-peer business lender surveyed over 1,000 SMEs across the country about … Read More

London stakes claim as fintech hub with new initiative

March 19, 2018 |

THE UK fintech sector got a boost on Monday with the formation of a new strategy group backed by the City of London Corporation, as competition heats up for the title of European fintech hub.

The Fintech Strategy Group (FSG) … Read More

Growth Street: SMEs let down by lack of export guidance

February 28, 2018 |

BRITAIN’S small- and-medium-sized enterprises (SMEs) are being let down by a lack of guidance on how to start exporting, Growth Street has claimed.

The peer-to-peer business lender said that the lack of information could potentially block any post-Brexit ambitions despite … Read More

Spending slowdown indicates pre-Brexit caution

February 12, 2018 |

HOUSEHOLD spending fell by 1.2 per cent in January, while spending in shops was down by four per cent year on year, new figures have revealed.

This marks the first time that consumer spending has fallen since 2013.

According to … Read More