winkie Posted May 26, 2020 Share Posted May 26, 2020 London is good.....but other places are just as good, although London up until now has not recognised it. Quote Link to comment Share on other sites More sharing options...
Will! Posted June 14, 2022 Share Posted June 14, 2022 On 24/05/2020 at 17:02, spyguy said: Starling seems to be in dhit. Like the other fintech n challenger banks. Financial Times: Starling snaps up £500mn mortgage book in shift from Covid loans Covid loans and specialist mortgage loans. Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 14, 2022 Share Posted June 14, 2022 16 minutes ago, Will! said: Financial Times: Starling snaps up £500mn mortgage book in shift from Covid loans Covid loans and specialist mortgage loans. I hope theyve remembered to carry the 10s, discount the units, shift the decimal point ... https://www.theguardian.com/business/2019/jan/23/metro-bank-shares-crash-after-loans-blunder-revealed Im not sure Id be comfortable buying another finance co's mortgage books - unless I was paid to take them. A few missed turds on the balance sheet and its toilet. Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 15, 2022 Share Posted June 15, 2022 18 hours ago, Will! said: Financial Times: Starling snaps up £500mn mortgage book in shift from Covid loans Covid loans and specialist mortgage loans. V strange article popping up on my phone feed - https://www.telegraph.co.uk/family/life/proof-never-late-make-billion-pound-fortune/ I’m proof it’s never too late to make your billion-pound fortune At 54, Anne Boden became the first woman in the UK to start a bank – now valued at £1.1bn. Meet the midlifers that risked it all to succeed Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 15, 2022 Share Posted June 15, 2022 Now I know its the telewag, who are like the Express. And it's a lifestyle article. But all the same - My 1bln?? Starling is funded to get the cash offered by BoE. Lots of heat n noise around Starling at the mo. Is the float still going? Quote Link to comment Share on other sites More sharing options...
winkie Posted June 15, 2022 Share Posted June 15, 2022 2 minutes ago, spyguy said: V strange article popping up on my phone feed - https://www.telegraph.co.uk/family/life/proof-never-late-make-billion-pound-fortune/ I’m proof it’s never too late to make your billion-pound fortune At 54, Anne Boden became the first woman in the UK to start a bank – now valued at £1.1bn. Meet the midlifers that risked it all to succeed I would like to question that word SUCCEED.....very subjective that. Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 19, 2022 Share Posted June 19, 2022 On 15/06/2022 at 07:24, spyguy said: Now I know its the telewag, who are like the Express. And it's a lifestyle article. But all the same - My 1bln?? Starling is funded to get the cash offered by BoE. Lots of heat n noise around Starling at the mo. Is the float still going? https://amp.theguardian.com/business/2022/jun/18/questions-over-how-starling-bank-handed-out-15000-covid-loans-a-month Starling Bank: questions over volume of customers taken on during Covid crisis More than tripling of business customer base has raised questions about online lender’s ability to run proper checks Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 19, 2022 Share Posted June 19, 2022 So ... was Starling ground zero of covid fraud? Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 19, 2022 Share Posted June 19, 2022 https://www.theguardian.com/business/2022/may/27/former-minister-accuses-starling-bank-over-covid-loans However, he singled out Starling Bank and accused the lender of using the scheme for its own benefit. “With minimal data, I cannot analyse the full extent of the misdemeanours, but I’d like to call out one of these banks that I believe has acted against the government’s and taxpayer’s interests: this is Starling Bank,” he told guests at an anti-fraud event in Westminster. Starling Bank’s chief executive and founder, Anne Boden, said she was “shocked” by Agnew’s comments, and has asked the former minister to withdraw his statements. Boden said Starling had been open and transparent about its approach to bounce-back loans and was one of the “most active and effective banks fighting fraud”. Agnew pointed to a significant rise in the bank’s lending balances since the scheme went live. Back in November 2019, before the pandemic, Starling had only lent £23m , excluding loans bought from other companies. By June 2021, according to a company trading update, it had distributed £1.6bn worth of bounce-back loans. Quote Link to comment Share on other sites More sharing options...
shlomo Posted June 19, 2022 Share Posted June 19, 2022 1 hour ago, spyguy said: https://www.theguardian.com/business/2022/may/27/former-minister-accuses-starling-bank-over-covid-loans However, he singled out Starling Bank and accused the lender of using the scheme for its own benefit. “With minimal data, I cannot analyse the full extent of the misdemeanours, but I’d like to call out one of these banks that I believe has acted against the government’s and taxpayer’s interests: this is Starling Bank,” he told guests at an anti-fraud event in Westminster. Starling Bank’s chief executive and founder, Anne Boden, said she was “shocked” by Agnew’s comments, and has asked the former minister to withdraw his statements. Boden said Starling had been open and transparent about its approach to bounce-back loans and was one of the “most active and effective banks fighting fraud”. Agnew pointed to a significant rise in the bank’s lending balances since the scheme went live. Back in November 2019, before the pandemic, Starling had only lent £23m , excluding loans bought from other companies. By June 2021, according to a company trading update, it had distributed £1.6bn worth of bounce-back loans. The Black Magic spell i had cast against Starlingbank and Anne Boden is slowly taking effect. Quote Link to comment Share on other sites More sharing options...
spyguy Posted June 21, 2022 Share Posted June 21, 2022 Oh. Dear. The Covid loans, the billionaire … and Starling, the very fast-growing bank In 2019, it had lent just £23m. By June 2021, it had issued £1.6bn of bounce-back lending – and an ex-minister has questions https://amp.theguardian.com/business/2022/jun/18/the-covid-loans-the-billionaire-and-starling-the-very-fast-growing-bank Who have thought an ex RBS banker could be dodgy ... Sir Fred will be spinning in his pension.... Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted December 27, 2023 Share Posted December 27, 2023 On 26/05/2020 at 10:36, PeanutButter said: Fun! Taxis are self driving (cabbies still around but as a luxury). Local deliveries (food, paperwork, Amazon) via drone or automated courier. Temperatures noticeably higher and for longer periods, more aircon in homes, more aircon installers/servicing. Private healthcare running NHS, lots of jobs shed there with a big push for automation/younger cheaper workers/zero hours contracts. US food conglomerates dominate farming, buying out bust farms after having driven down the prices of their unmarked low-quality produce, prices now high. Obesity epidemic continues but Londoners slightly better off as cycling has been given more road space. Trains into capital at capacity. Water shortages more frequent (pipes not fixed). Finance jobs disappeared overseas or to AI. Greenbelt built on. Property still a store for wealth, mainly foreign. Renters locked out generationally from buying. Illegal immigration continues apace, but now includes some southern Europeans. London council bosses on 500k salaries. Broadband in London still comparatively slow, plenty of workers 'escaped' to home counties and beyond. More people myopic than ever before, but opticians have been quasi-automated. Tourism still extremely popular. Fewer women working as childcare now costs more than Eton. Facial recognition embedded throughout city. Oh yeah and talking cats. The cats will talk, but it'll be pretty boring after the initial wonder wears off. Self-driving cars could be on UK roads by 2026, says transport secretary https://www.theguardian.com/technology/2023/dec/27/self-driving-cars-could-be-on-uk-roads-by-2026-says-transport-secretary Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted December 28, 2023 Share Posted December 28, 2023 London will still be a great draw, like other world cities. Can't help feeling that water may be a problem though. Quote Link to comment Share on other sites More sharing options...
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