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Peer2Peer Finance News | November 23, 2017

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UK inflation

RateSetter: BoE rate hike will have limited benefits for savers

October 31, 2017 |

RATESETTER has said that a forecast interest rate rise on Thursday would have limited positive effects on savers and moved to reassure investors that its business model would thrive in a higher interest rate environment.

The ‘big three’ peer-to-peer lender … 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