Crowdfunding founder Nicola Horlick to stand for Lib Dems in London

By Oliver Smith on 4th October 2019

P2P/Marketplace Lending

Money & Co boss will run on a message of “stop Brexit”.

Crowdfunding founder Nicola Horlick to stand for Lib Dems in London
Image source: Nicola Horlick, CEO of Money & Co.

Money & Co boss Nicola Horlick could put aside her full-time job after being selected to run for MP of Chelsea and Fulham under the Liberal Democrats banner.

Horlick, who founded Money & Co in 2013 as a lending platform not dissimilar to Funding Circle at the time, told the Daily Mail that Money & Co would turn “a very substantial profit in the year to March 2020” after losing over £8.6m since inception.

“The people of Chelsea & Fulham voted 71% to remain in the EU in the 2016 referendum and have not had their views properly represented by their current MP,” Horlick said on the announcement that she would stand for the Lib Dems at the next general election. 

“By stopping Brexit, we can start solving the real problems facing our society – strengthening our NHS, improving our schools and addressing the climate crisis.”

Horlick will likely run against Tory MP Greg Hands, who has held the Conservative safe seat since 2005.

Before launching her own crowdfunding venture, Horlick was chief executive of SG Asset Management and Bramdean Asset Management.

The local Liberal Democrat group makes it clear that Horlick will be running on a ‘stop Brexit’ manifesto.

“[Brexit] leaves Britain isolated and begging the US and China to recreate trade deals we already have, and the effect on the NHS is simply devastating,” said Carmel McLoughlin, Chair of Kensington & Chelsea Liberal Democrats. 

“Nicola knows this and will stop at nothing to call it out and hold to account local MP Greg Hands who has completely failed to represent his constituents or put the country above his party. Time’s up for Conservatives in Chelsea.”

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