Spowart heads fresh internet venture - papers 7th August

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JIM SPOWART, the man who founded Standard Life Bank and Intelligent Finance, has signed by Scottish media company SMG to head a new price comparison website, says the Daily Telegraph .

Called Peopleschampion.com, the site will be powerehttp://www.peopleschampion.comd by the existing price comparison web site moneysupermarket.com to offer compared prices of a huge range of products from credit cards and mortgages to energy suppliers. SMG argues its articles by Spowart - advising customers on personal finance - will differentiate Peopleschampion.com from its rivals as they intend to leverage his experience as a key driver of the site. MORE THAN a million internet bank customers are to be sent electronic password-generating gadgets in an attempt to tackle increasing levels...

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