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Peer2Peer Finance News | October 23, 2018

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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

How is the rise in inflation affecting investors?

September 10, 2018 |

IN JULY 2018 the UK’s inflation rate rose to 2.5 per cent for the first time since November 2017.

Whilst this was predicted by the consumer prices index, consumers noticed a significant increase in the price of petrol and public … Read More

Fresh blow for savers as inflation rises for first time in eight months

August 15, 2018 |

SAVERS have been hit with a new blow as the rate of inflation increased for the first time since November 2017.

Figures from the Office for National Statistics (ONS) showed the consumer prices index had increased to 2.5 per cent … Read More

Two thirds of savers suffer from ‘investophobia’

August 2, 2018 |

TWO THIRDS of UK savers are aware that they are losing money in savings accounts once inflation is accounted for, but they are still unwilling to invest.

According to a new survey from financial services group Scottish Friendly, a large … Read More

Households feel pinch as Brexit uncertainty bites

August 2, 2018 |

THE LATEST data from the Office for National Statistics (ONS) suggests that individuals are feeling the pinch and could be likely to increase borrowing, in the face of higher inflation and Brexit uncertainty.

According to the ONS Wealth and Assets … Read More

Expectations of interest rate rises decline

June 8, 2018 |

EXPECTATIONS of an interest rate hike have declined among the public, research suggests.

The Bank of England’s inflation attitudes survey for May found 51 per cent of respondents anticipate a rate rise over the next 12 months, down from 58 … 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

Little respite for savers as Bank holds off from rate rise

May 10, 2018 |

THE BANK of England has held off from raising interest rates this month but has admitted that hikes are still looking likely.

Minutes of the Bank’s latest monetary policy committee meeting said rates were held at 0.5 per cent as … Read More

EasyMoney: Cash ISA fee complaints are ‘tip of the iceberg’

April 23, 2018 |

EASYMONEY has claimed that complaints made to the Financial Ombudsman Service (FOS) over cash ISA fees and poor returns are “the tip of the iceberg” regarding public frustration over low interest rates.

The newly-launched peer-to-peer lender, which is part of Sir … Read More

EasyMoney: Bank accounts cost savers £1bn in lost income last year

April 7, 2018 |

UK SAVERS are losing more than £1bn in income from their bank accounts each year, according to research from EasyMoney, part of Sir Stelios-Haji-Ioannou’s easy family of brands.

The recently-launched peer-to-peer lender said on Saturday that this represents a 16 per cent … Read More