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Bigger than the Shard: Banking giant announces new £10bn office
Posted onPA Media The new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn. The firm said at three million square feet (280,000 sq m), the building would have double the…
Spotify founder Daniel Ek to step down as chief executive
Posted onGetty Images Spotify founder Daniel Ek is planning to officially step down from the role of chief executive after two decades at the helm of the music streaming giant. The company said the 42-year-old would be replaced by his two deputies at the end of the year, while he remains on as executive chairman, setting…
British Steels Scunthorpe site costing £1.3m a day to run
Posted onThe report highlighted £15m was spent on advisers between 12 April 2025 and 31 January 2026, and £359m to British Steel for operating activities, such as paying for raw materials and payroll, while £3m was spent on legal and other costs at the North Lincolnshire plant.
Daily Mail owners takeover of Telegraph to face probe
Posted onIn issuing the probe into the deal, Nandy said: “The public interest considerations concerned are the need for a sufficient plurality of views in each UK market for news media; and, the need for a sufficient plurality of persons with control of media enterprises serving every different UK audience.”
Amazons Ring ends deal with surveillance firm Flock after backlash
Posted onThe Electronic Frontier Foundation, a non-profit that promotes people’s rights on the internet, said the ad used something “heartfelt” as a disguise for a feature that previewed “a world where biometric identification could be unleashed from consumer devices to identify, track, and locate anything — human, pet, and otherwise”.
US tariffs on coffee and bananas to ease under new trade deals
Posted onDanielle KayeBusiness reporter Bloomberg via Getty Images A customer shops at a Costco store in Teterboro, New Jersey, US. The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas. The Trump administration on Thursday said import taxes on…
