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Peer2Peer Finance News | July 17, 2018

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Giles Cross

Lenders slam rise in SME funding aggregators

July 12, 2018 |

RAPID growth in the number of small- and medium-sized enterprise (SME) funding aggregator platforms has been met with scepticism by peer-to-peer lenders, who argue they are a tiny source of business and add an unnecessary extra layer of fees.

The … Read More

Folk2Folk wins national small business award

June 5, 2018 |

FOLK2FOLK has won a national award for ‘Best Multi-Channel Small Business’ at the Small Awards.

The Cornwall-based peer-to-peer lender impressed the judging panel with its on and offline business model.

The panel, which was headed by the UK’s small business … Read More

P2P lenders show there’s life outside London

June 4, 2018 |

LONDON might be the financial capital of Europe but the peer-to-peer lending sector is showing that there is life beyond the UK’s biggest city.

P2P lenders headquartered around the UK’s regions are demonstrating impressive growth, while helping create employment in … Read More

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

Inflation falls again but pressures remain

April 18, 2018 |

UK INFLATION fell for the second month in a row but pressures remain on savers, investors and businesses.

Official for National Statistics (ONS) data, released on Wednesday, showed that the consumer prices index (CPI) grew by 2.5 per cent in … Read More

The good life

March 23, 2018 |

Folk2Folk chief executive Giles Cross is on a mission to boost rural economies through peer-to-peer lending. He speaks to Peer2Peer Finance News about Folkonomics, the crime of faceless money and what a good day’s work means to him…

Barely a … Read More

Folk2Folk hits £200m lending milestone

March 5, 2018 |

Folk2Folk has hit the £200m lending milestone, with investors channelling more than £65,000 on average through the peer-to-peer platform.

The rural business lender said on Monday that the milestone demonstrates the important role that it plays in the countryside, by supporting … Read More

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