JP Morgan says it will build the biggest office block in London

Two of Wall Street’s biggest banks have announced expansion plans in the UK, a day after the Chancellor of the Exchequer revealed a budget that spared them of tax increases. French MPs are debating whether or not to nationalise steelmaking giant ArcelorMittal amid concern for the industry. Plus, Venezuela bans several foreign airlines, including Iberia and TAP Air Portugal from flying to the country.