Tyne & Wear

Atom bank set for Durham headquarters, firm announces

Atom's Edward Twiddy, chief innovation officer, left, with George Garlick, chief executive at Durham County Council, Anthony Thomson, chairman of Atom, and Councillor Simon Henig, leader of Durham County Council Image copyright Lansons
Image caption Atom's chief innovation officer Edward Twiddy, left, with George Garlick, chief executive at Durham County Council, Anthony Thomson, Atom chairman, and Councillor Simon Henig, county council leader

A new bank has announced it is to be headquartered in Durham in a move that it hopes will create up to 400 jobs.

Atom will operate from the city's Aykley Heads area and is due to launch to customers in the first half of 2015.

Durham County Council leader Simon Henig said the firm's decision had "the potential to be a powerful economic driver" for the county.

He called it a "a very significant step in the development of what is a key site in the County Durham Plan".

Anthony Thomson, chairman of the Atom Board, said Durham had the "perfect combination of accessibility, talent and a fantastic working environment".

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