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Peer2Peer Finance News | November 18, 2017

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Philip Hammond

Lending Works urges chancellor to dig deeper for tech

November 17, 2017 |

THE CHANCELLOR has a chance to “dig a little deeper” to support the tech sector in his Budget next week, Lending Works has said.

The peer-to-peer platform has given its backing to the government’s financial support for the tech sector … Read More

P2P sector urges chancellor to set bold housing agenda in Autumn Budget

November 13, 2017 |

THE PEER-TO-PEER lending sector has called on the chancellor to introduce a more ambitious housing programme in this month’s Budget.

There have been several rumours about the content of Philip Hammond’s first Autumn Budget, set for 22 November 2017, including … Read More

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