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Peer to peer (P2P) lending is the practice of unrelated individuals or companies lending money directly to one another without the need for banks and other financial institutions. The P2P industry is growing rapidly, with the lending volume for 2014 already at £1 billion and expected to reach £45 billion
The Bank of England’s MPC announced today that the UK Bank Interest Rate is to remain at an all-time low of 0.5%. This is the sixty eighth month in which the Monetary Committee has met and voted to keep the rate at 0.5%. The Bank of England cut interest rates
Proplend is pleased to announce that we have been approved by the Whitehall Group, an independent Professional Trustee and Scheme Administrator who provides bespoke solutions to self-administered pension schemes (SSAS). What this means is that companies whose pensions schemes are administrated by Whitehall, now have the ability to make loans