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Peer2Peer Finance News | October 22, 2017

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UK economy

Funding Circle’s Desai: use P2P for monetary stimulus

April 12, 2017 |

UK POLICYMAKERS should start using peer-to-peer platforms to stimulate the economy, Funding Circle’s chief executive and co-founder Samir Desai said on Wednesday.

The head of the country’s third-largest business lender called on the government and the Bank of England to bypass … Read More

Quarter of London SMEs turned down for credit

March 21, 2017 |

A QUARTER of small businesses in London have been turned away for finance, meaning they have to resort to less appropriate funding that will stunt their growth, new research has claimed.

The credit crunch is even more apparent for early-stage … Read More

Half of UK households face financial uncertainty

March 1, 2017 |

MILLIONS of Britons are struggling to make ends meet and almost one third of the working population is facing financial distress, two reports published today revealed.

As many as 6.1 million consumers across the country had to cut back on … Read More

More pain for savers as Bank of England warns on skyrocketing inflation

November 3, 2016 |

THE BANK of England’s U-turn on further rate cuts today provided little respite for savers, as the central bank warned of a sharp rise in inflation.

Hints of another rate cut have been dropped, due to the increasing cost of … Read More