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Peer2Peer Finance News | February 18, 2018

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Giles Cross

Inflation stumbles in January as cost of living holds at 3 per cent

February 13, 2018 |

THERE was little relief for interest-starved savers this morning as official data showed inflation held steady at three per cent in January.

Analysts had expected the cost of living measure to drop to 2.9 per cent but it remained at … Read More

Interest rates could rise earlier and higher than expected

February 8, 2018 |

THE BANK of England has signalled that interest rates may be increased earlier and higher than expected, in what could be good news for savers but bad for those servicing debts.

The Bank’s February inflation report, released on Thursday, said … Read More

Folk2Folk hires local business influencer Claire Thayers

February 1, 2018 |

FOLK2FOLK has appointed Claire Thayers (pictured below) as its chapter development manager to raise the lender’s profile across the South West and Three Counties regions.

The appointment comes after Folk2Folk, which focuses on lending to local and rural businesses, launched … Read More

Folk2Folk hires Ian Bell as head of farm and rural engagement

January 30, 2018 |

FOLK2FOLK has hired Ian Bell as its head of farm and rural engagement, and to head up its corporate, social and responsibility programme.

The peer-to-peer business lender, which focuses on providing finance for rural, local and farming businesses, said on … Read More

Folk2Folk makes its IFISA available for transfers

January 10, 2018 |

FOLK2FOLK has opened its Innovative Finance ISA (IFISA) up to transfers for new and existing investors.

The peer-to-peer business lender will now allow savers and investors to move money across from old cash ISAs or by cashing out of a … Read More

Levelling the playing field

January 9, 2018 |

Open Banking rules come into force this month with the potential to overhaul banking as we know it. Peer2Peer Finance News investigates what the changes mean for peer-to-peer lenders

IT MAY not yet be well known in the wider world … Read More

Folk2Folk names Giles Cross as chief executive

January 3, 2018 |

FOLK2FOLK has announced that its chief marketing officer (CMO) Giles Cross has been promoted to chief executive with immediate effect.

The Cornwall-headquartered peer-to-peer lender, which originates funding for local and rural businesses, saw its previous chief executive Jane Dumeresque step … Read More

Budget: P2P lenders welcome £44bn housebuilding package and stamp duty cut

November 22, 2017 |

PROPERTY-FOCUSED peer-to-peer lenders have welcomed the chancellor’s housing measures outlined in the Budget, which include £44bn of funding and the scrapping of stamp duty for most first-time buyers.

In Wednesday’s speech, Philip Hammond outlined “an ambitious plan to tackle the … Read More

Folk2Folk hires first CMO to drive national expansion

June 7, 2017 |

FOLK2FOLK has hired a chief marketing officer and four business development managers to support its national expansion plans.

The peer-to-peer business lender named Giles Cross (pictured below) as its first chief marketing officer, who will be responsible for leading the … Read More