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Peer2Peer Finance News | July 27, 2017

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Philip Hammond

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 fintech is at critical juncture and needs support, says Innovate Finance

May 11, 2017 |

THE UK government needs to fulfil its election promises and ensure that the country’s fintech sector remains globally competitive in these uncertain times, Innovate Finance has said.

The fintech trade body has called on the government and political parties to … Read More

Ex-financial ombudsman chief Ceeney to head UK fintech association

May 8, 2017 |

FORMER financial ombudsman chief Natalie Ceeney CBE has been announced as the new chairman of Innovate Finance, at a time of heightened focus on the UK fintech sector as one of the key areas for the government’s post-Brexit strategy.

Ceeney … Read More

SMEs funding appetite surges after Spring Budget

April 19, 2017 |

UK SMALL businesses’ funding appetite surged after the Spring Budget, the National Association of Commercial Finance Brokers (NACFB) said, as they rushed to shield their growth plans against rising business costs.

The average value of funding enquiries via the NACFB’s “findSMEfinance” … Read More

Hammond underlines importance of fintech for UK economy

April 12, 2017 |

BRITAIN’S leading status as a global financial powerhouse could be under threat if new technological opportunities are not cultivated, the chancellor will tell the UK’s international fintech conference on Wednesday.

In his speech, Philip Hammond (pictured) will explain how the … Read More

Funding Circle’s Desai among confirmed speakers at Fintech Week 2017

April 4, 2017 |

FUNDING Circle’s Samir Desai is among the keynote speakers at the government’s international fintech conference, it was confirmed on Tuesday.

The chief executive and co-founder of the peer-to-peer business lender will be joined by other leading figures in the UK … Read More

UK fintech firms join chancellor for India trade visit

April 4, 2017 |

UK FINTECH representatives will be accompanying Chancellor Philip Hammond on his trade visit to India this week.

The Treasury’s fintech envoy Eileen Burbidge will be among the delegates, alongside Christoph Rieche, co-founder of working capital lender Iwoca and Kristo … Read More

Chancellor urged to show SME support in Budget

March 7, 2017 |

MORE than three quarters of small- and medium-sized enterprises (SMEs) believe the Budget will hit them negatively, with a majority thinking larger firms get a better deal from the government, a survey claims.

A poll by software provider Epos Now, … Read More

Budget: Funding Options calls for SME tax breaks

March 6, 2017 |

FUNDING Options is urging the government to cut taxes for small- and medium-sized enterprises (SMEs) in Wednesday’s Budget, in order to incentivise investment.

The online business finance supermarket, which is one of the three platforms selected to be part … Read More

Budget may determine IFISA’s fate, says Assetz Capital

March 6, 2017 |

THE BUDGET may reveal rule changes that could determine the fate of the Innovative Finance ISA (IFISA), the chief executive of Assetz Capital has warned.

The peer-to-peer firm, which lends to small- and medium-sized businesses and property developers, called on … Read More