THE DAILY BRIEFING

■ TAKING OFF Tom enders, chief executive at Airbus, has suggested his firm’s jet fighter business could merge with rival BAe systems to take on Us competitors.

■ BEAMING UP satellite broadcaster Sky is expected to report a 9pc rise in full-year profits to £1.5bn next week, which will help to maintain its appeal as a takeover target for rivals 21st Century Fox and Comcast.

■ CASH COPS Officers at City of London Police are to be given lessons about bitcoin and other web-based crypto-currencies. The force hopes the pilot scheme, due to begin this autumn, will help it tackle fraud.

■ FUN FACTORY Almost one third of small businesses believe the Government’s industrial strategy is a gimmick, according to research. More than half of those questioned also thought investment was unevenly spread across the country, with too much going to London, the survey by Bibby

Financial Services found. ■ STAYING IN The number of firms quitting London’s junior stock exchange last year fell by more than 70pc compared to the aftermath of the financial crisis.

According to UHY Hacker Young, there were 74 in 2017/18, down from 257 in 2008/09.

■ ROYAL WAVE The ‘ king of mining’, Ian Hannam, is reportedly poised to make a major investment in tidal power.

The former JP Morgan banker is believed to be backing a renewable energy project proposed by Tidal electric located on the west coast near the scottish border. it is an alternative to the controversial swansea Bay plan rejected by the Government a few weeks ago.