Bankers' risk
The FSA has warned that institutions going online may be putting security at risk. The regulator's comments come days after Abbey National's new net bank Cahoot's website crashed. Mr Davies revealed that while banks tended to be protected against hackers, evidence of "poor" internal security had been found at some.
• Medical float
Former Sheffield United chief Ian Townsend is set to make a paper fortune of more than £10m by floating The Medical House , which provides online data for doctors. Mr Townsend and his partner, Gerry Kemp, each own 50% of the firm, which is likely to be valued at £25m on Aim.
Useful links
Abbey National