It’s nice to hear about new jobs being created for a change.
Oh look, something positive in r/Unitedkingdom and no one is interested. Let’s go back to the negative posts
I am happy more new jobs are created. I sincerely hope these new banks fuck up arrogant High street banks and take away all their customers.
Keen to see more tech jobs opening up in the North
Creating jobs in the UK? Surely the government will intervene?
It’s good to see tech companies growing outside of London, especially fintechs which the U.K. does particularly well. I’ve had several recruiters try and get me to locate to Manchester from London.
I was in my bank today and they had a customer survey results that listed them 10th in customer satisfaction but had Starling and Monzo at the top. Bizarre that they had what amounts to an advert for their competitors in their bank. Not heard of either of them tbh, might be worth checking out.
Edit: Got it in my hand now, entitled “independent service quality survey results”. I think my bank *had* to display the results by law, half the page is taken up by legal footnotes about how my bank is keeping to their regulatory commitments etc.
Monzo and Starling, two banks that are almost indistinguishable yet one is heading for bancruptsy while the other is profitable. The difference appears to be that Starling recognized that the government guarantee on covid loans was a liscence to print (take your) money and ran the printer real hard.
Apparently they were responsible for 3/4 of the 1.2bn in fraudulent covid loans. They made only 30 million in profit so it would seem that the fraud is the only reason they aren’t bancrupt like Monzo. Shame they are privately owned by rich, well connected families so we can’t share in that tax redistribution.
Anyway, good for manchester I guess.
The best customer service is the customer service you never need to contact. That’s what Starling and Monzo provide. The thing just works so you aren’t chasing up problems.
Starling Bank to open Manchester office and require 1,000 workers*
1000 staff is a lot, I worked for a national company that had offices in EU. And we only had 1500 staff..
>In July the neo bank achieved its first full year of profitability with a pre-tax profit of £32.1m.
11 comments
It’s nice to hear about new jobs being created for a change.
Oh look, something positive in r/Unitedkingdom and no one is interested. Let’s go back to the negative posts
I am happy more new jobs are created. I sincerely hope these new banks fuck up arrogant High street banks and take away all their customers.
Keen to see more tech jobs opening up in the North
Creating jobs in the UK? Surely the government will intervene?
It’s good to see tech companies growing outside of London, especially fintechs which the U.K. does particularly well. I’ve had several recruiters try and get me to locate to Manchester from London.
I was in my bank today and they had a customer survey results that listed them 10th in customer satisfaction but had Starling and Monzo at the top. Bizarre that they had what amounts to an advert for their competitors in their bank. Not heard of either of them tbh, might be worth checking out.
Edit: Got it in my hand now, entitled “independent service quality survey results”. I think my bank *had* to display the results by law, half the page is taken up by legal footnotes about how my bank is keeping to their regulatory commitments etc.
Monzo and Starling, two banks that are almost indistinguishable yet one is heading for bancruptsy while the other is profitable. The difference appears to be that Starling recognized that the government guarantee on covid loans was a liscence to print (take your) money and ran the printer real hard.
Apparently they were responsible for 3/4 of the 1.2bn in fraudulent covid loans. They made only 30 million in profit so it would seem that the fraud is the only reason they aren’t bancrupt like Monzo. Shame they are privately owned by rich, well connected families so we can’t share in that tax redistribution.
Anyway, good for manchester I guess.
The best customer service is the customer service you never need to contact. That’s what Starling and Monzo provide. The thing just works so you aren’t chasing up problems.
Starling Bank to open Manchester office and require 1,000 workers*
1000 staff is a lot, I worked for a national company that had offices in EU. And we only had 1500 staff..
>In July the neo bank achieved its first full year of profitability with a pre-tax profit of £32.1m.
That’s not a lot..