News from The Guardian – Business
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The Guardian – Business • May 28, 2025
Starling’s profits drop 25% as bank takes blame for Covid loan losses
Starling Bank experienced a significant decline in annual earnings due to £28 million in loan losses linked to government-backed Covid support, which the CEO attributed to internal...
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The Guardian – Business • May 01, 2025
Even gen Z are resorting to cash - and I'm clinging to my own handful of it | Gaby Hinsliff
The shift toward a cashless economy raises concerns about accessibility for vulnerable populations, as many establishments increasingly reject cash payments, prompting some individ...
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The Guardian – Business • May 01, 2025
UK mortgage lending at four-year high amid rush to avoid stamp duty rise
In March, UK mortgage borrowing surged by 290% due to a stamp duty rise, marking a four-year peak, while approvals for new home purchases declined for the third consecutive month.
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