THE DAILY BRIEFING

TOP SLICE The British wing of Pizza Hut is on the verge of being sold by private equity firm Rutland Partners to debt investor Pricoa for £100m. Rutland paid £1 in 2012 to rescue Pizza Hut from Yum! Brands.

STEEL PROBE Six firms have agreed to suspend offering pensions transfer advice amid a probe into the quality of advice given to members of the British Steel Pension Scheme (BSPS).

The Financial Conduct Authority stepped in amid concerns that members having to transfer pots worth up to £300,000 are being encouraged by financial advisers seeking hefty fees.

BUBBLING UP The amount of sparkling wine consumed in the UK has increased for the sixth year in a row, with the equivalent of 162 Olympic- sized swimming pools drunk in the UK last year.

Prosecco has become so popular that it is now served on tap in many bars and pubs.

QUEUE JUMP British queuing software firm Qudini claims retailers are losing about 10pc of their footfall due to waiting times in store, with 26pc going directly to a competitor.

The firm helps companies such as John Lewis, Top Golf and Honest Burgers manage queues and take bookings for appointments and events. Qudini now serves about 2,400 stores globally. PAY REBELS An online register

naming and shaming companies whose shareholders have rebelled against corporate pay is expected to be launched this week.

Any FTSE firm where at least one in five shareholders voted against UK pay policy over the previous 12 months will appear.