Despite the peer-to-peer lending market growing, the majority of investors are still cautious about putting their money into the sector, a survey has found. Some 84%...
With loan enquiries increasing month by month, Charity Bank – a bank that lends to charities and social businesses – says the charitable sector may be...
Lord Turner, the former chairman of the Financial Services Authority (FSA), has condemned what he calls “debt pollution” within the UK economy. Delivering a lecture in...
The government should do more to encourage lending to small businesses, and building societies should be allowed to buy TSB bank, according to a leading thinktank....
The amount of money lent through the peer-to-peer sector increased by 121% in 2013, when compared to the previous year, figures from the Peer-to-Peer Finance Association...
Deutsche Bank has reported losses for the fourth quarter of 2013, owing to a surge in litigation costs accrued over the past year. The German bank,...
German investment bank Deutsche Bank has been criticised by the country’s financial regulator over its management’s response to an investigation into the fixing of Libor rates,...
The governor of the Bank of England Mark Carney has revealed that he has been asked by George Osborne to review whether new powers should be...
MPs and other parliamentary staff now have the option to pay into a credit union directly from their wages, thanks to a new service launched on...
Nationwide Building Society has revealed a £270m jump in pre-tax profits for the first half of 2013, up from £103m reported a year earlier. An increase...
By injecting new money into the economy, the government could create a more sustainable recovery, according to a campaign body calling for reform of the financial...
The Co-operative Bank is preparing to sell off its renewable energy lending division as part of the restructuring process amid concerns over debt-piling. The bank, which...
The Financial Conduct Authority (FCA) has tabled tougher regulation for the increasingly popular crowdfunding industry. Crowdfunding allows individuals to lend to small businesses or buy shares...
Labour leader Ed Miliband has declared that it is “time for payback” for payday lenders, saying that the loan companies will be hit by higher taxes...
Democratic finance has lots of definitions, but credit unions are arguably one of the best examples. Tom Revell looks at why they’re becoming an increasingly attractive...