RateSetter hands back £384m to 45,000 investors after Metro Bank takeover

Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more

RateSetter hands back £384m to 45,000 investors after Metro Bank takeover

Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more

The UK has to keep printing money, says former Bank rate-setter

Britain will have to keep printing money to weather the coronavirus crisis, says former Bank rate-setter Keep printing money despite inflation fears, says David Blanchflower  Last month, the Treasury issued £45bn of Government bonds – or gilts  Analysts estimate the UK could end up issuing a total of £285bn of gilts this year  Here’s how to … Read more