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JP Morgan boss gave go-ahead for new £3bn tower in London after UK assurances

Decision by US bank’s CEO Jamie Dimon followed trip to New York by top adviser to Keir Starmer

The boss of JP Morgan Chase signed off on a new £3bn tower in London after a trip to New York by a top adviser to the UK prime minister to give assurances about the government’s pro-business policies, it has emerged.

The Wall Street bank, which along with Goldman Sachs announced substantial investment plans in the UK hours after they were spared tax increases in Rachel Reeves’s autumn budget, only signed off on the plan for its new UK headquarters last Friday.

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© Photograph: JPMorganChase/Foster+Partners/Reuters

© Photograph: JPMorganChase/Foster+Partners/Reuters

© Photograph: JPMorganChase/Foster+Partners/Reuters

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Warner Music signs deal with AI song generator Suno after settling lawsuit

Music company representing Coldplay and Ed Sheeran had sued tech platform alleging mass copyright infringement

Warner Music has signed a licensing deal with the artificial intelligence song generator Suno after settling a copyright infringement lawsuit it launched against the service a year ago

Warner, the world’s third-largest music company and home to acts including Coldplay, Charli XCX and Ed Sheeran, is the first of the major record labels to partner officially with the company.

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© Photograph: Charles Sykes/Invision/AP

© Photograph: Charles Sykes/Invision/AP

© Photograph: Charles Sykes/Invision/AP

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