Monzo, the UK-based challenger bank favoured by those who like to drink £6 Negronis at rooftop bars in South East London
Ouch.
Anyway, they and other journos seem to agree the problem is their failure to lend, which is in short what banks do with deposits, and how they make money.
Behind a paywall - I can't read.
Oh. It worked for me, not a subscriber
Edit: or even logged in, that column is not paid-subscriber-exclusive (what do you call that, a registrationwall?)
@spenceey started
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Ouch.
Anyway, they and other journos seem to agree the problem is their failure to lend, which is in short what banks do with deposits, and how they make money.