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Peer2Peer Finance News | November 19, 2017

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CBI

Fintech “critically important” for future of UK financial services

September 25, 2017 |

MAINTAINING the UK’s position as a leading fintech and innovation hub is “critically important”, according to a survey of City firms.

The CBI/PWC financial services survey, released on Monday, questioned 94 companies, including banks, finance houses, securities traders, fund managers … Read More

Fintech pivotal to London’s future prosperity

September 20, 2017 |

FINTECH is one of the most important sectors for London’s economic growth over the next five years, according to firms in the capital.

The CBI/CBRE London Business Survey found that 47 per cent of 271 respondents cited the fintech sector … Read More

UK GDP: SMEs need certainty amid sluggish growth, warns CBI

July 26, 2017 |

SMALL and medium-sized enterprises (SMEs) need more certainty and stability to counteract the effects of sluggish economic growth, the Confederation of British Industry (CBI) has warned.

Rain Newton-Smith, the chief economist at the CBI, warned that the business association expects … Read More

UK financial sector prepares to scale up IT investment

July 11, 2017 |

UK FINANCIAL services firms are set to ramp up their technology spending at their fastest rate in two-and-a-half years, despite a decline in overall business optimism.

A quarterly report by the Confederation of British Industry (CBI) and accountancy firm PwC found … Read More

SMEs and P2P lenders back Brexit-heavy Queen’s Speech

June 21, 2017 |

PEER-TO-PEER lenders have heralded legislation on housing and asset-backed financing in the Queen’s Speech that should help boost their platforms.

The Queen outlined 27 bills and draft bills on Wednesday morning, with a strong focus on Brexit, but other measures … Read More

Optimism down in the financial services sector post-Brexit

September 26, 2016 |

INVESTMENT managers, finance houses and banks are feeling less optimistic about the future, due to lower interest rates and post-Brexit uncertainty.

The latest CBI/PwC Financial Services Survey, released today, found that optimism in the financial services sector fell for the third consecutive … Read More

Brexit “an unprecedented opportunity” for alternative finance

September 13, 2016 |

UNCERTAINTY over the post-Brexit economy represents an “unprecedented opportunity” for the alternative finance sector to support domestic growth, according to one peer-to-peer lender.

Chirag Shah, chief executive of Nucleus Commercial Finance, told Peer-to-Peer Finance News that the P2P sector has … Read More