Crowdfunding Growth Down To "Robber Banks"


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Nicola Horlick, Money&Co.'s CEO, blasts UK banks' savings offering to investors. In the second instalment of her two-part blog, she highlights the " Great Savings Robbery" – or "maybe we should rename the institutions Britain's 'Robber Banks'," she adds.

For details of crowdfunding's explosive global growth – and nowhere is that growth faster than in the UK – read the latest blog.

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Elsewhere, independent crowdfunding platform AnotherCrowd highlights the ideal "marriage" between Enterprise Investment Schemes, the onshore tax incentive to persuade investors to fund trading companies and claim income tax relief, and the delivery mechanism of crowdfunding. David Prosser's article in Forbes magazine is cited as a source for the growth if the UK industry – particularly for equity crowdfunding.



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Disclaimer: Money&Co.™ is the trading name of Denmark Square Limited, Company Number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority (FCA). The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, Barnes, London, SW13 9JJ where the register of Directors may be inspected. Denmark Square Limited (ISA manager reference number Z1932) manages the Money&Co. Innovative Finance ISA.