A COMPANY which supplies ‘electronic money’ in partnership with companies like Tesco and Phones4U has relocated to Chester.

Tuxedo Money Solutions, which issues pre-paid cards to customers, has set up shop on Chester Business Park, having moved from the capital.

Spokeswoman Lizzie Linton said: “Many of the staff of the 45-strong team, including chief executive officer John Sharman, are residents of the Cheshire region, and it was decided that the business could be run just as effectively and even more efficiently in Chester, than in London.”