JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower

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JP Morgan Chase has reached agreement with London City airport to build one of Europe’s tallest office towers in the east of the capital.The £3bn tower is poised to be the tallest in the Canary Wharf financial district after JP Morgan, one of Wall Street’s biggest banks, secured approval from the airport.JP Morgan revealed plans last November to build the Canary Wharf tower, which will serve as its new UK headquarters.The lender has since been in talks with airport officials over building height restrictions, given Canary Wharf’s location four miles west of City airport.Any new developments and planning applications within 10km (6 miles) of the airport are considered to be within its “area of interest”, meaning its safeguarding officials need to be consulted to ensure new buildings in Docklands do not interfere with aircraft movements.

The two sides have agreed that the planned tower could be 265 metres tall, as first reported by the Financial Times,This means the new building would stand about 30 metres taller than One Canada Square, currently the tallest building in Canary Wharf and home to companies including Bank of NY Mellon and Spain’s BBVA across its 50 floors,JP Morgan’s new London HQ is expected to span 279,000 sq metres (3 million sq ft) and will house more than half of its 23,000 UK staff,Following the conclusion of talks with City airport, the Guardian understands that the bank is finalising the tower designs and will soon apply for planning permission,JP Morgan Chase and London City airport declined to comment.

Jamie Dimon, the chief executive of JP Morgan Chase, disclosed the tower plans last November, hours after banks avoided a tax raid in the chancellor’s budget,Questions are now being raised about the financial inducements the company has sought from the UK government to build the skyscraper,JP Morgan has requested a discount on its business rates, according to documents produced by Tower Hamlets council, despite having made a net income of $57bn (£43bn) in 2025,The Treasury has proposed a discount on rates of “up to 100%” over “a period of years”, which could represent a saving of hundreds of millions of pounds,The site would generate up to £1.

6bn in rates over 25 years if there were to be no discount, meaning the bank would be “unlikely to progress” the project “without clarity and certainty” over its rates bill, according to the documents.One assessment of the tower construction has calculated that the project would add almost £10bn to the UK economy over six years and create about 7,800 construction-related jobs.
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An AI bot invited me to its party in Manchester. It was a pretty good night

Two weeks ago, an AI bot invited me to a party it was organising in Manchester. It then promptly lied to dozens of potential sponsors that I’d agreed to cover the event, and misled me into believing there would be food.Despite all this, it was a pretty good night.In early February, a class of new, powerful AI assistants went viral. The assistants, called OpenClaw, represented a step change in the rapidly improving capabilities of AI – in large part because, unlike other AI agents, they could be untethered from guardrails and set loose upon the world

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Kurt Strauss obituary

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UK’s leading AI research institute told to make ‘significant’ changes

The UK’s leading AI research institute has been told to make “significant” changes by its main source of taxpayer funding.The Guardian revealed last week that the board of the Alan Turing Institute was reminded of its legal duties by the charity watchdog after a whistleblower complaint.The UK Research and Innovation (UKRI) body, which awarded the ATI a five-year, £100m funding package in 2024 and is its largest single source of funds, said it had conducted a review of the institute and found it underperforming in terms of strategy and delivering value for money.“The review concluded that overall strategic alignment and value for money are not yet satisfactory,” the UKRI said.Last summer, the government made clear that it expected a strategic overhaul at the nominally independent organisation and indicated the need for management changes, adding that its funding could be reviewed

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Google to tap into gas plant for AI datacenter in sharp turn from climate goals

Google’s plan for a partnership with a natural gas power plant that could provide energy for one of its datacenters in Texas was unearthed by new research and confirmed by the company. The move is part of an ongoing about-face for the tech giant, which once pledged to be carbon neutral by 2030 and has long been seen as a pioneer in clean energy.The gas power plant is slated to be built in Armstrong county, a sparsely populated area in the Texas panhandle. According to a report by the research organization Cleanview, the project is being led by Crusoe Energy, which partnered with Google to develop the datacenter campus known as “Goodnight”, named after a nearby town.Crusoe filed for a permit in January to build the 933-megawatt power plant on the site of the Goodnight campus, which showed the facility would operate off the grid and provide energy to at least two buildings on the campus, according to Cleanview

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Court dismisses former WhatsApp security chief’s lawsuit against Meta

A US court has dismissed a lawsuit from WhatsApp’s former security chief, who alleged that parent company Meta ignored internal flaws he flagged about the messaging app’s digital defenses.Abdullah Baig, who claims he was fired in retaliation for raising these concerns, had alleged that billions of users had been put at risk because of these vulnerabilities. Thousands of employees could view sensitive user data, including profile photos and location, Baig claimed in the lawsuit filed in September. A judge ruled he had not presented enough evidence to move forward.The US district court in northern California ruled last month to dismiss Baig’s claims, with the judge, Laurel Beeler, writing on 19 March that “the complaint does not contain sufficient facts to show that the plaintiff reported violations of SEC rules or regulations

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Goodbye mrbrightside416: Google allows users to alter quirky Gmail addresses

Did your McLovin!1976!@gmail.com email address seem funny at the time but less so now you are applying for dozens of jobs?Google has said it is giving US users a chance to appear more professional by letting them change their Google account username – whatever appears before @gmail.com in an email address – without losing access to their account.However, the tech company will limit the name changes to one per 12 months. In an example shared online by Google, the email address sk8tergrl123