The EU will launch an investigation into three of the biggest tech firms in the world over uncompetitive practices – Meta, Apple and Alphabet (which owns Google). 

The London business paper CITY AM leads with a revealed rich list of Met Police personnel. Elsewhere, Chancellor Jeremy Hunt has confirmed the Tories will back the pensions triple lock – a key policy for the party.

China is the focus in the Financial Times, which leads with reports the US and Japan are planning to bolster their security alliance in a bid to counter what they view as a growing threat from Beijing. A striking image of Moscow’s destroyed Crocus City Hall venue following Friday’s attack also features prominently.

According to the beneficiary, Rolls-Royce, Aukus funding will help create more than 1,000 new jobs in Derby. The project will see the construction of new office space as well as manufacturing facilities.

Spirit Aerosystems holds a significant presence in Northern Ireland, particularly in the production of wings for the Airbus A220. It stands as one of Northern Ireland’s foremost manufacturing entities, boasting a workforce exceeding 3,000 employees.

Reddit said on Wednesday that it had priced its shares at $34 each, a figure near the top end of the marketed range. By the end of Thursday’s trading session, the stock had climbed to $50.44, thereby valuing the firm at over $9 billion (£7.1 billion).