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Sky News
Elon Musk’s pause on Twitter takeover triggers a flap
What is Elon Musk up to?Not for the first time that’s the question on the minds of Twitter executives, global investors and many of his 92 million followers, after the world’s richest man announced, in a tweet, naturally, that his purchase of the social media platform is “temporarily on hold”. The impact was instant, initially …
Business
Sky News
Surge in European gas prices as Russia turns off tap on major pipeline
Gas prices in Europe have surged after Russia’s state-owned energy firm said it would cut shipments through a major supply route.Gazprom said it was turning the tap off to the Yamal pipeline, which runs to Germany via Poland, following fresh sanctions imposed by Moscow against European gas companies.These include one of its former subsidiaries Gazprom …
Business
Sky News
Westfield’s Covid-19 recovery, so-called workflow solutions and digital fashion
Ian King speaks with Scott Parsons, the UK Chief Operating Officer of Unibail-Rodamco-Westfield, about the recovery of its shopping centres following the Covid-19 pandemic. Bill McDermott, the Chief Executive of software company ServiceNow, speaks about a rise in so-called workflow solutions following the pandemic. Ian King also looks at a metaverse fashion event taking place …
Business
Evening Standard
Addison Lee CEO Liam Griffin on fighting Uber, going back on early retirement and London’s driver shortage
To anyone dreaming of quitting the sweaty commute and daily grind for a life of holidays, sport, and never working again, Liam Griffin says: don’t do it.His family sold Addison Lee for £300 million in 2013, with Griffin staying on at the cab firm until he fell out with its private equity buyers Carlyle in …
Business
Business Live
Vogue magazine issues ‘cease and desist’ warning to Cornish pub of the same name
One of the world’s most famous fashion magazines has threatened to sue a pub in a tiny Cornish hamlet that shares its name, claiming it could confuse its readers. Publicans of The Star Inn at Vogue – named after the hamlet its in – thought one of its regulars was playing a practical joke when …
Business
Business Live
Rolls Royce SMR confirms North Wales and Cumbria are top targets for mini-nuclear plants
Rolls Royce SMR says North Wales and Cumbria are its top targets for mini-nuclear plants in the UK. The firm’s CEO Tom Samson joined the Department for Business and Energy Secretary Kwasi Kwarteng MP and Energy Minister Greg Hands MP on a visit to Wylfa yesterday. They discussed the potential for bringing new nuclear to …
Business
Business Live
Former Clugston HQ bought by high-growth landscaping specialist
North Lincolnshire landscaping products supplier Talasey Group has taken on the former headquarters of collapsed Clugston Construction. The £58 million turnover company has moved into St Vincent House in Scunthorpe, having outgrown its former site at Sandtoft, where it launched in 2004. It aims to make the sprawling site a centre of excellence for the …
Business
Business Live
Inside St Vincent House as a new chapter opens for former Clugston Group HQ:
Business
Business Live
IWG to open new flexible workspace as part of major expansion plans
A flexible workspace giant is to open a base in Altrincham later this month as part of its drive to launch 1,000 new locations in 2022. IWG is to open its new Regus site at Two Four Nine, Lynnfield House, Church Street on May 23. The company said that more than 80% of the space …
Business
Sky News
Fuel duty cut wiped out as diesel price hits new record high
Diesel prices have hit a new record high wiping out the chancellor’s cut in fuel duty, latest figures show.The average cost of a litre of the fuel at the pump reached 178.4p on Monday, according to government data. The previous high of 177.5p was set two days before Rishi Sunak introduced a 5p per litre …
Business
Sky News
Elon Musk says $44bn Twitter takeover deal ‘temporarily on hold’
Billionaire Elon Musk has said his Twitter deal is “temporarily on hold” over the company’s spam and fake user accounts.Mr Musk, who last week secured $7bn from new investors for his $44bn takeover, tweeted: “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” He …
Business
Sky News
Kay Burley’s road back to Wigan Pier
It’s been a long time since I returned to Wigan.Situated equidistant between Liverpool and Manchester, the old mining town has stood proudly on the banks of the River Douglas, and later the Leeds Liverpool canal, since at least the seventh century. It’s been my family home since 1960.I went to school there in the ’70s …

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