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Peer2Peer Finance News | September 23, 2017

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Philip Hammond

Chancellor sets outs commitment to UK fintech after Brexit

September 13, 2017 |

THE CHANCELLOR has underlined his commitment to ensuring the UK remains a global fintech hub and leading financial services sector after Brexit, but said he would not accept “protectionist” agendas during negotiations.

Philip Hammond (pictured) made a speech at the … Read More

Inflation holds steady but SMEs will still feel the squeeze

August 15, 2017 |

SMALL businesses should not get complacent after new figures showed that inflation held steady last month, industry bodies and lenders have warned.

The Consumer Price Index (CPI) came in at 2.6 per cent in July, just as it was in … Read More

Treasury plans new fund to support UK start-ups after Brexit

August 1, 2017 |

THE UK government has proposed a new national investment fund to replace EU funding to British start-ups after Brexit.

The new fund could be set up as a public-private partnership or be placed fully on the government’s balance sheet, to … Read More

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