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Social lenders to offer a viable alternative to UK banks

Giles Andrew, Zopa MD: strict on who it lends to and turns away half of applicants Giles Andrew, Zopa MD: strict on who it lends to and turns away half of applicants

In the last couple of years the interest paid on savings accounts has plummeted, while the rates charged to borrowers have risen dramatically. This has encouraged growing numbers of people to look for a fairer deal by using a social lender rather than a bank.
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New wealth management company opts for fee-based advice

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In an interview with Money Market, Philippa Gee, managing director of Philippa Gee Wealth Management Ltd, discusses her new company and explains why she has decided to use a fee-based approach.   Wh...

Inflation and its corrosive effect on savings

Inflation measures the rise or fall in the cost of living based on a basket of everyday goods. The calculation is updated each month by the Office for National Statistics, with the two main indicators...