Pioneering investors have turned the traditional idea of bank borrowing on its head.
Rather than borrowing from the banks, they hope to make solid returns by lending their own money to companies including Lloyds TSB and Tesco Bank.
These are among the growing number of businesses raising money by issuing corporate bonds aimed directly at ordinary investors. As Financial Mail reported in the Midas column last week, housing association
Rather than borrowing from the banks, they hope to make solid returns by lending their own money to companies including Lloyds TSB and Tesco Bank.
These are among the growing number of businesses raising money by issuing corporate bonds aimed directly at ordinary investors. As Financial Mail reported in the Midas column last week, housing association
