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It's tough at the top, with one in ten households in the UK sitting on assets worth over £1 million. You would think they would be happy, but no!  Most millionaires do not consider themselves wealthy until they have at least £3.2 million ($5 million), so here's a nice chart from our friends over at…

Hello everyone and welcome to 2014. The teenies, as this decade is known, is becoming a fascinating decade of change. From fundamental change in the economic and political world, thanks to the financial crisis of 2008, to fundamental change of society thanks to the technology movements of mobile and tablet computing, this decade is a…

Santa’s workshop boasts a highly-systematic, technologically-advanced, and expensive operation worth over $227-Billion, or so we would imagine in this infographic: The infographic gathers ten already existing, super advanced technologies, that FinancesOnline.com believe Santa would need to use to make the seemingly impossible logistics of Christmas gift-giving a success.   It covers all aspects of Santa’s operations:…

At the start of the year I made 14 predictions for 2013. Here they are. First, four forecasts for the economic movements of 2013. 1.      The USA is a solid rock  From the Economist I thought the US would be stable this year, but with the stand-off between the Democrats and the Republicans reaching a…

I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening.  Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically.  If there…

I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening.  Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically.  If there…

It's almost a decade since the first UK P2P Lender Zopa launched, back in April 2005. Today, I reckon the industry came of age as I received this letter in the post. This was a letter that came out of the blue effectively saying that Funding Circle is offering £200 million of new funding to…

We had our first meeting of the Financial Services Club Nordic Region last week at the British Embassy in Stockholm. Attended by around 70 senior figures from the financial markets across the region, we discussed the changes and implications of change in European investment markets, with a focus upon the processes involved in pre- and…