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Peer2Peer Finance News | August 24, 2019

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Hargreaves Lansdown

Have YOU been throwing away your ISA earnings?

March 4, 2019 |

AS ISA season gets underway, many savers and investors would be forgiven for feeling a little despondent. New figures from Hargreaves Lansdown have revealed that Brits have missed out on at least £188bn in lost interest from low-yielding savings accounts … Read More

Good news for savers as inflation hits a two-year low

January 16, 2019 |

SAVERS have been offered some respite after inflation hit its lowest rate for two years.

The consumer price index fell from 2.3 per cent in November to 2.1 per cent in December, the Office for National Statistics (ONS) has revealed.

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Property market and SMEs at risk amid new Brexit chaos

November 15, 2018 |

HOUSEBUILDERS and small businesses are set to suffer the effects of the ongoing Brexit negotiation crisis, after a series of cabinet resignations sparked calls for another election.

Financial experts have warned that there are “big risks lying ahead” for the … Read More

Lower inflation could boost P2P investments

October 17, 2018 |

THE SURPRISE fall in the UK’s pace of inflation during September could boost investments through peer-to-peer platforms, according to lenders.

The annual rise in the consumer price index fell to 2.4 per cent from 2.7 per cent during the previous … Read More

Funding Circle targets valuation of up to £1.8bn

September 19, 2018 |

FUNDING Circle is seeking a market valuation of up to £1.8bn through its upcoming initial public offering (IPO) on the London Stock Exchange.

The peer-to-peer lending platform has set a price range of 420p to 530p for the listing, which … 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

Savers continue to struggle for returns as inflation hits 2.9pc

September 12, 2017 |

CONSUMERS have been dealt a new blow after the inflation rate increased to 2.9 per cent in August, which was higher than expectations.

Analysts had forecast a rate of 2.8 per cent, up from 2.6 per cent in July, but … Read More

OFF3R launches new SIPPS portal

August 24, 2017 |

OFF3R has launched a new channel dedicated to Self Invested Personal Pensions (SIPPs), the tax-free vehicle for pension savings.

The investment aggregator’s SIPPs portal launched on Tuesday 22 August with an initial list of three pension providers: Hargreaves Lansdown, IG, … Read More

Bank of England revises down growth forecast as rates are held

August 3, 2017 |

THE BANK of England has revised down growth forecasts for the UK as it held interest rates yet again this month.

It is now a year since the last cut in the Bank of England base rate, with many expecting … Read More