Monzo are in trouble https://www.finextra.com/newsarticle/36317/monzo-covid19-casts-significant-doubt-on-ability-to-continue-operating
Difficult times for sure. Worth noting all banks have posted huge losses I think. NatWest 1.3 billion?
Yes. And Lloyds posted a 2.98bn provision yesterday for covid related bad debts
@greeno started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
Monzo are in trouble https://www.finextra.com/newsarticle/36317/monzo-covid19-casts-significant-doubt-on-ability-to-continue-operating