Starling Bank Profits Dip 25%: Blames COVID Loan Losses & FCA Fine
In 2024, Starling Bank saw a big dip in its profits, down by 25%. That’s a huge drop for a fast-growing digital bank. The reason? A mix of COVID loan troubles and a fine from the UK’s financial regulator. We all know how tough the pandemic was. Starling gave out many loans to help small…