Please, sir, can I have some more?

Please, sir, can I have some more?

To paraphrase the film Apollo 13: “Britain, we have a problem”. The Bank of England recently revealed there is a staggering £1.15 trillion sitting in UK cash deposit accounts. It’s earning little to no interest, while millions of us are headed for an uncertain financial future because we’re paralysed by the fear of investing. Thankfully, there are signs that alternative finance could lift us out of this trap. The most recent NESTA...

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Chancellor offers fantastic package to support competition and innovation in financial services

Chancellor offers fantastic package to support competition and innovation in financial services

“Yesterday the Chancellor gave a fantastic package to support competition and innovation in financial services. “The long-awaited consultation on bonds in ISAs follows quickly on the heels of the current peer-to-peer ISA consultation, potentially allowing even more everyday investors to put their money to work directly in the real economy, bypassing banks and so earning better returns.” “Peer-to-peer lenders can now also...

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