MPs are warning a cut to the number of hours of locally produced content regional radio station must broadcast is threatening local radio newsroom jobs, "Press Gazette" reports.

Mobile operator, Three, is claiming it will be the first to launch a 5G home broadband network in August, "The Mirror" writes. The only catch is that it will only initially be available in London.

"Campaign" reports that WPP has retained the GBP106m L'Oreal media account for the UK and Ireland by replacing its incumbent Wavemaker agency with sister agency Essence. The move won what the site refers to as a "fiercely contested final round" at the end of a process which began in November 2018.

"Mail Online" is reporting that its traffic from Google has halved overnight, and has revealed that it is trying to work out with Google whether a recent algorithm tweak is the cause, "Press Gazette" reveals.

As London Tech Week kicks off, new figures show that the UK is producing a unicorn (billion dollar valued startup) every month of the year, "The Telegraph" reveals. The country is only beaten in unicorn generation by the US and China.

"The Telegraph" warns that the US is gearing up to retaliate if EU countries impose digital taxes on its tech giants, such as the Chancellor's proposed Digital Sales Tax.

"The Times" reports that the G20 nations are promising to tighten up tax codes to make it much tougher for the tech giants to move money around to, legally, minimise their tax burden. A new code could be ready by the end of next year, the paper reveals.

Channel 4's move from London to Leeds is expected to cost the broadcaster around GBP50m, according to "The Guardian." The paper believes that in some departments four in five workers are choosing to be made redundant rather than move with the company to its new headquarters.

Publicis London, Poke and Arc have been brought under one agency, called Publicis.Poke. "Campaign" reveals that the move is part of Publicis Worldwide streamlining agency structures so siloes between sister agencies are removed.

Deliveroo is looking for a global creative partner. "Campaign" writes that Wieden + Kennedy London, which has been working with the food delivery brand, is not pitching for the brief.