The peer-to-peer platform said that the average interest rate on zero and l…
The modest interest these accounts earn is dwarfed by the £36.6bn…
inflation
Our news section captures a range of up-to-date articles, comments, and blogs that promote the work of Lendy and the role we play in the P2P/crowdfunding sector.
The peer-to-peer platform said that the average interest rate on zero and l…
This gives savers just £10.06bn in interest on the £1.3tn they have stuck in bank accounts and ISAs. £187.1bn of savings is held in bank accounts that generate no interest at all.
The modest interest these accounts earn is dwarfed by the £36.6bn…
UK SAVERS could lose £26.5bn over the next year as inflation eats into capital in low-interest savings accounts, according to new research from Lendy.
The peer-to-peer property platform claims that savers collectively receive just £10.06bn of interes…
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Lendy's Press Office promotes the work of Lendy and the role that the P2P / crowdfunding sector plays in the property market and UK economy today.