Published: 12 January 2000 15:33 GMT
Scottish Power and Royal Bank of Scotland are to jointly offer financial and utility services over the Web.
Customers will be able to carry out multiple transactions including paying utility bills and organising a mortgage.
The two firms are expected to spend £70m over the next 18 months developing the project. Internet and telecom company, Thus, is backing the venture, while ScottishPower owns a 50.1 per cent stake.
The site will go live at the beginning of the summer, but services will also be available from any of the ScottishPower call centres' or retail stores.
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