Category: Funding for Lending

The end of Funding for Lending and Term Funding Scheme

The 29 January 2018 and 28 February 2018 are very important dates for savers… the end of Funding for Lending (FLS) and Term Funding Schemes (TFS).  From this date the banks and building societies can no longer drawdown any further…

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Reasons to be cheerful

The last five years has seen government funding initiatives decimate the savings market by flooding lending institutions with cheap money, £128bn of cheap money. Well the honeymoon is over for those who tapped into The Funding for Lending Scheme (FLS)…

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Funding for lending - cash savings - interest rates - savings accounts - managing your cash
The cost of Funding for Lending – May 2014 Research

In the years and months leading up to the credit crunch of late 2008 when the world’s financial institutions went into melt down, interest rates being paid on instant access savings accounts were hitting the heady heights of 7%. This…

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