Is it officially being considered? or just a good picture of a Type 26 with a Sampson like mast grafted on and S1850 aft? Defence Journal isn't a particularly good site in my opinion - lots of puff pieces and "news that isn't news" as I see it, and the quality of the comments leaves much to be desired.
Given it is notably smaller, how would it carry the same sized VLS?
The Sampson + S1850 combination is very 1990s thinking, not least as it's often commented the latter radar is really superfluous in many respects. We are 20 years past that now and the USN FIII Burkes shows the kind of radar fit we'd be looking to build now (so just about right for us to do it in 2035, 15 years behind them!).
Daring only commissioned in 2009, so with a 30 year life, do we still want a design concept from teh 2010s to be what we build in 2040/50s? If nothing else we'd want a new design or we'd lose the ability to design it, assuming we still have that (it would be far more sensible to have built all the Type 26s first, then move to the T31 rather than do both simultaneously).
It does look nice though ;-)