Britain’s newest bank open for business
Redwood Bank, Britain’s newest business bank for SMEs, is open for business just over four months after securing its initial banking licence.
Headquartered in Letchworth, Redwood has also opened a Warrington & North West regional office to support growth in the sector in the town and the region.
The bank has a unique ownership. It is wholly-owned by Redwood Financial Partners Ltd, a company controlled by Jonathan and David Rowland, in which Warrington Borough Council has a 33% stake.
As part of this, the council’s exe... For the full story register now for free or login below...