Kalyeena Makortoff
Banking Correspondent at The Guardian
Banking correspondent at the @Guardian. Tips to [email protected] Previously @PA, @CNBC. Canadian transplant. Views my own.
Articles
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5 days ago |
theguardian.com | Kalyeena Makortoff
Starling Bank has handed its staff an almost fivefold increase in bonus pay despite an embarrassing regulatory fine and losses on government-backed Covid loans that the digital lender has blamed on its own weak controls. The digital-only challenger bank paid out £24.6m in bonuses for the 2024-25 financial year, compared with £5.3m a year earlier.
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6 days ago |
theguardian.com | Kalyeena Makortoff
Hours before the government fired the starting gun on what became a £45bn bailout of Royal Bank of Scotland (RBS) in October 2008, Whitehall was in chaos. Dozens of City bankers, drafted in to support the chancellor, Alistair Darling, were camped along the Treasury building’s winding corridors, juggling laptops and mobile phones as they worked to keep the UK’s financial system afloat.
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1 week ago |
theguardian.com | Kalyeena Makortoff
The UK has sold its final shares in NatWest Group, ending 17 years of state ownership since the £45bn taxpayer bailout that saved the bank from collapse at the height of the 2008 financial crisis. The full privatisation of NatWest is a symbolic moment for the banking group – formerly known as Royal Bank of Scotland (RBS) – and draws a line under the most tumultuous chapter in its near 300-year history.
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1 week ago |
msn.com | Kalyeena Makortoff |Jillian Ambrose
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 week ago |
theguardian.com | Kalyeena Makortoff
A member of the Bank of England’s interest rate-setting committee has warned that higher-than-expected inflation and growth figures should not distract policymakers from continuing to cut borrowing costs. Alan Taylor, who was one of two monetary policy committee members to call for a bigger 0.5 percentage point cut last month, said that while he was not going to forecast his future votes, he felt that recent economic data was being led by one-off factors.
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I will be joining my colleagues at the Guardian and Observer who are on strike for 48 hours over the sale of the Observer. I will be back at work on Friday. For more information please follow @GoNUJ93 and @NUJofficial or visit https://t.co/TtBhC4cmap
Exclusive: Women who gave private evidence to parliament's Sexism in the City inquiry share their stories of discrimination and bullying with the Guardian 'No matter how hard I work, they will never ever recognise me’ https://t.co/kh9UiSbC3l
One of the hardest and most personal things I’ve ever had to write: Canada’s apology came too late for my Doukhobor grandfather, who was stolen, abused and thrown into a residential school at 8 years old https://t.co/rWcVP3TKQX
