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The Paragon Banking Group PLC (PAG), formerly known as The Paragon Group of Companies, is one of the largest British providers of personal loans and mortgages. Established in 1985, it is headquartered in Solihull, England. The company’s operations cover three key segments: Commercial Lending, Mortgages, and Idem Capital. It offers loans, savings, and speciality finance, as well as credit grating by non-deposit taking finance houses and other speciality consumer credit to its clients all across the UK. The Paragon Banking Group share price is listed on the London Stock Exchange and included in the FTSE 250 Index. In 2018, the company’s annual revenue was over £254 million.
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Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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