Universal Music Group boss Lucian Grainge has revealed the intention to create a division of Capitol Records in the UK.

Speaking to Hits Daily Double, Grainge said that he wants to “create an arc” between Capitol in the US and in the UK.

He outlined plans to sign new artists to the label as well as providing internal resources “to give it a leg up and get it started.”

“EMI has a different meaning depending on which continent you ...