Our local banking summits have been led by Newcastle man, Anthony Thomson, who I am pleased to say has announced that he is setting up a North East based bank:
Full story here: http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/10754266/Metro-founder-to-set-up-Britains-first-phoneless-bank.html
It will be called Atom.
Atom will offer a "full range" of personal and business banking products when it opens for business in 2015. This will include current and savings accounts, as well as loan products and credit cards.
Mark Mullen, who has run First Direct since 2011, an online bank operated by HSBC, will become the new bank’s chief executive.
The bank will be based in the north east of England.