THE DAILY BRIEFING

BREXIT PLANS Asset management consultant MJ Hudson has opened an office in Luxembourg to prevent any disruption after Brexit.

OFFICE JOB Software firm Redstone Connect has won a £5.5m contract to equip the 850,000 sq ft London HQ of an unnamed financial institution.

ELECTION PROBE US lawmakers are pressurising Facebook to disclose an internal report the social media giant produced about Russian meddling in the US elections.

TECH BACKING Payments technology firm Gocardless has been given an extra £16.7m by investors Accel, Balderton Capital, Notion Capital and Passion Capital.

GROWTH FUNDS Swedish tech company iZettle is being given £26.7m to fund expansion by the European Investment Bank.

CLEANING SUPPORT Graffiti remover Just Ask, which works for housing associations in London and the South East, has won a £9m investment from private equity house Bridges Fund Management.

EQUITY BOOST Investors have pumped £278m into a fund launched by private equity firm Archimed to be spent on acquiring medical technology and biopharma companies.

CASH RAISED Wealth manager Netwealth Investments, founded by former Goldman Sachs partner Charlotte Ransom, has raised £10m from 13 new supporters.

RIVAL BUYOUT Commercial property investor Palace Capital has agreed to buy rival RT Warren for £53.3m.

LUNG DRUG Drug giant GlaxoSmithKline has won approval from the US Food and Drug Administration for chronic lung disease inhaler, Trelegy Ellipta.

TESTS DEAL Genetic screening group Premaitha Health has signed an agreement to offer its tests to women in South Africa.

BOARD ROLE Video game maker Frontier Developments has hired James Mitchell, chief strategy officer at Chinese internet giant Tencent Holdings, as a non-executive director.