DAILY BRIEFING: UK still top European country for investment in financial services
The UK remains the top country in Europe for investment in financial services
INVESTMENT FIRST The UK remains the top country in Europe for investment in financial services, according to EY.
A study by the accountant found investment was made in 78 projects in the sector in 2017, compared to 64 in Germany and 49 in France.
BUYER HUNT Owner of the Tiger Tiger nightclub chain, Novus Leisure, has reportedly been put up for sale.
Owner Hayfin Capital Management has hired Sapient Corporate Finance to help it find a buyer, according to the Sunday Times.
CREDIT CHECK US financial services company Mastercard could introduce a payment card which scans the user’s fingerprint.
The firm has been trialling the idea in South Africa and is in talks with banks about testing the service in Britain.
FACTORY BOOST Manufacturers in the UK have reported their best domestic sales boost in more than three years.
A survey of 6,000 firms by the British Chambers of Commerce found the number with improved order books was at its highest since 2015.
FASTER INTERNET The telecoms arm of power firm SSE will offer cutting-edge broadband internet to more businesses across the country.
The two-year project will see the company offer connections to a further 180,000 postcodes, via 177 BT exchanges.
TAX BURDEN Consumers have been left £27.9billion out of pocket by new taxes introduced by the Government after the credit crunch, according to research by UHY Hacker Young.
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