Jeremy Hunt has announced a new tax on vaping as part of the Spring Budget.

Apple has been fined €1.8bn (£1.5bn) by the EU for breaking competition laws over music streaming. The firm had prevented streaming services from informing users of payment options outside the Apple app store, the European Commission said.

City AM – Back in room The front page of the London business newspaper City…

A series of other measures to help tackle the economic woes were also announced, including the development of new initiatives to tackle problems in the country’s crisis-hit property sector.

The London business newspaper CITY AM reports on a growing slowdown in consumer spending that hit London-listed operations yesterday – including Durex-maker Reckitt. 

The Financial Times reports that Russia has a “low bar” when it comes to using tactical nuclear weapons.