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The boss of Starling's banking activities wants to come out "swinging" in her bid to diversify the group's core operations.
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Starling named Colin Bell the firm's chair as part of a major shake-up in its board ahead of its highly-anticipated listing.

The challenger bank, which employs more than 4,000 people, believes the cuts will allow it to launch products more quickly.

Starling had targeted reducing emissions by one-third by 2030 but has since placed the mission under review.

Starling notched a £217m pre-tax profit, down three per cent from the £223m secured in the prior financial year.

Starling said revenues at its SaaS business Engine grew 25 per cent in the year.

Starling Bank is set to cut around 130 jobs as it ramps up its AI push amid declining profits.