Funding Empire Latest News

NEW: Personal Savings Allowance

Earn up to £1,000 savings interest tax-free

Date: Source: HMRC & HMT

Funding Empire announces launch of new asset-backed model

Copy of launch email sent to our lenders - 22/03/2015

Date: Source: Funding Empire

Savers getting raw deal from big banks, says FCA

Millions of savers are getting a raw deal, particularly from the big High Street banks, the Financial Conduct Authority (FCA) has concluded.

Date: Source: BBC News

Consumers warned against guarantor loans trap

CONSUMERS have been warned against costly guarantor loans, which experts say could be as bad as payday loans were before reforms.

Date: Source: Sunday Express

Peer-to-peer lending boost: investors allowed to offset loan losses

The government is backing peer-to-peer lenders with a raft of changes

Date: Source: City Wire

Unsecured borrowing rises but business lending falls again

Consumers have made the most of fierce competition among lenders and a price war on the high street to increase spending on credit cards and loans

Date: Source: The Guardian

Phone scammers 'net £23.9m in a year'

The amount of money lost to phone scammers has tripled in a year, prompting a major awareness campaign.

Date: Source: BBC

Government consults on launch of P2P ISAs

The government is proposing to launch a third kind of individual savings account (ISA) that encompasses peer-to-peer (P2P) loans.

Date: Source: Investment Week

French bank and Twitter team up for money transfers via tweets

(Reuters) - One of France's largest banks is teaming up with social network Twitter Inc. (TWTR.N) this week to allow its customers to transfer money via tweets.

Date: Source: Reuters

Barclays fined £38m for putting clients' assets 'at risk'

Barclays has been fined a record £38m by the City regulator for failing to keep its clients' assets separate from its own.

Date: Source: BBC