A group of finance experts is to set up a community bank in the hope of reinvigorating Hampshire's economy.

Working together as Local First, a community interest group, they intend to set up a locally-owned and run bank for the benefit of local people.

See the full BBC report .

Local First is also referred to in the Guardian's article  'Can banks supporting local businesses have been successful in Germany, but can the model be transferred to the UK?'