What does the cryptic crossword clue "Report of only hotel in island, one demanding a lot of interest (4,5)" mean?

The definition is "one demanding a lot of interest". The wordplay uses a homophone (sounds like). Sounds like LONE + S(H)ARK, a Channel Island. The answer is LOAN SHARK.

Report of only hotel in island, one demanding a lot of interest (4,5)

Times Cryptic #28699 | 6 Down | 2023-09-04 flower

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