BBC Radio 4 FM

BBC Radio 4 is a radio channel that started transmitting on the 30th September 1967. It replaced BBC Home Service.

BBC Radio 4

Radio 4

Radio 4 (FM)

Fixing Broken Banking

Fixing Broken Banking: Episode 3: Peer to Peer Lending

Documentaries

Factual

Factual: Money

Episode 3

Episode 3: Peer to Peer Lending

Peer to Peer Lending

BBC Radio 4 - Fixing Broken Banking, Peer to Peer Lending

Michael reports on initiatives to do without banks, including peer-to-peer lending.

Michael Robinson reports on initiatives to do without banks altogether, including peer-to-peer lending, where borrowers and investors are matched directly through websites.

Big British banks are now widely accused of damaging the economy by failing to support their customers. 

In the third programme of this four-part series,Michael Robinson reports on initiatives to do without banks altogether. With so-called peer to peer lending, borrowers and investors are matched directly through sophisticated websites promising better returns to investors and cheaper loans to borrowers. 

The programme shows how the systems work, examines the possible pitfalls and asks whether such direct contacts, without the intervention of banks might form a significant part of the future financial landscape. 

At least one senior Bank of England official thinks it might.

Intelligent speech, the most insightful journalism, the wittiest comedy, the most fascinating features and the most compelling drama and readings anywhere in UK radio.

Michael Robinson examines what went wrong with Britain's banks

Michael Robinson examines what went wrong with Britain's banks and how it might be put right

Accessibility links

Programme Index

Fixing Broken Banking

Episode 3: Peer to Peer Lending

Genres

Formats

Series

BBC Radio 4 FM

About BBC Radio 4