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Should we look to Tally s gold-linked account to beat inflation?

Rising inflation means cash savings are being eroded at present, and the Bank of England could be forced to act sooner rather than later to quash the problem.  Inflation is above target at 2.5 per cent and the bank believes it will peak at above 3 per cent and then subside, but some inflation hawks disagree and say it will stubbornly stick around.  Savers trawling the internet to try and track down the best accounts for their cash are faced with pitiful rates, prompting many to turn to riskier investments in a bid to try and make their money go further. With interest rates at rock bottom, it is tough to know where to put your hard-earned cash, but a company called Tally Money thinks it has a novel solution.

Tally has been launched to counter economic instability in the UK

Tally has been launched to counter economic instability in the UK
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Tally Limited growing organisational structure as it moves into new business development phase

Investegate |Tally Ltd Announcements | Tally Ltd: Interim Results

    Tally Ltd, the money innovator and Non-Bank Financial Institution ( NBFI ) developer of the full-reserve banking platform and physical gold digital currency, tally ®, announces its unaudited results for the six months ended 31 December 2020.     · New equity capital issue raised gross proceeds of £311,300 at 2p during the period increasing shares on issue to 648,122,781 and representing a company valuation of £13m at the end of period (up 37% from £9.5m in 2019). · Tally sold 41,538 Railsbank shares (30 June 2020 holding: 98,782 shares) for a total gross cash consideration of $2.5 million (£1,923,927).  The price per share achieved on the November 2020 disposal of $60.18 was 376% higher than the original cost ($12.63) in early 2018. · Product development included adding interactive charts in app so customers can see the devaluing of their fiat currency (i.e. GBP) by more t

Investegate |Tally Ltd Announcements | Tally Ltd: Activities & Objectives 2021

Investegate |Tally Ltd Announcements | Tally Ltd: Activities & Objectives 2021
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