Top marks to the FT's Observer column for ferreting out this Central Banking interview with Abbey National CEO Ian Harley. Last week, Harley unveiled Cahoot, the mortgage bank's new online business. Last August, he told Central Banking that "while it would be possible to offer Internet access to mount a new product and attract 50,000 anoraks who play with the facility, it's not possible to make any money out of it." If.com, take note. According to Harley, Scandinavia is the one place where online banking could be transacted profitably. "If you spend six months in semi-darkness you will spend more time at home in front of your computer," he says, cheerfully. ®