Credit card jobs created

A credit card company is to create 900 new jobs in the UK as part of a pounds 30m investment in a new European operations centre. Capital One, which has 11 million customers worldwide, yesterday said the centre would be operational by 1999, and would be situated on the former Boots printing works in Nottingham. The project has attracted pounds 2.9m from English Partnerships to assist with refurbishment costs as well as support from Nottingham City Council and from the County Council.

Nigel Morris, Capital One's president, said the group had chosen the East Midlands city over a number of other European locations because of its "highly qualified and motivated workforce, ideal business environment and excellent transport links."