कोशिश गोल्ड - मुक्त
Starling's profits drop by 25% as it takes blame for loans loss
The Guardian
|May 29, 2025
The digital bank Starling has suffered a 25% drop in annual profits and said it would turn down government guarantees on £28m of Covid loans losses after conceding its own weak controls were to blame.
The admission stirs up a long-running controversy over Starling's handling of the government-backed bounce back loan scheme, which was built to get money quickly to small businesses during lockdown.
The scheme offered loans of up to £50,000 at 2.5% interest but carried little risk, with taxpayers picking up 100% of losses if firms defaulted.
यह कहानी The Guardian के May 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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