Universal released the news in a statement today, following speculation that the label was to be closed. However, it did not give names of which artists would be affected - Decca's UK roster includes everyone from Morrissey to John Barry.

The statement reads, "Decca remains active as a label in the UK, signing and recording artists, with its London office continuing as a creative centre. Decca's classical crossover and other signings will be assigned to UCJ, the UK's longstanding No. ...