Final preparations to a branch of Metro Bank in central London – but the revolution could take some time. Photograph: Toby Melville/Reuters Is the opening of Metro Bank this morning the start of a revolution in British banking, as claimed by its intriguing founder, Vernon Hill? Metro is making some bold claims, but the high [...]

Metro Bank in Holborn, central London will open to the public today Photograph: Toby Melville/Reuters Yorkshire terrier Duffy is yapping away, the silver pillars are being polished and plastic sheeting being torn off surfaces. After two years of preparation, it is a few hours before the opening of Metro Bank, the first new bank to [...]

The FSA said ex-Northern Rock finance director David Jones lacked integrity. Photograph: AFP/Getty The former finance director of Northern Rock, David Jones, today hit out against the Financial Services Authority as he was handed a life-time ban and fined £320,000 for allowing the bank to report mortgage arrears figures that were lower than they should [...]