Press Round-Up Short (Premium)
Friday newspaper round-up: Elon Musk, Metro Bank, Mike Lynch
Elon Musk is under investigation by the US Securities and Exchange Commission over his $44bn takeover of social media giant Twitter, it was revealed on Thursday. The investigation concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which he later renamed X, as well as statements and SEC filings he made about the deal. – Guardian .
Thursday newspaper round-up: UK rents, Metro Bank, Mike Lynch
Private home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage rate rises combined to push the cost up by 10% over the past 12 months. The average rent for new properties being put on the market now stands at a record £1,278 per calendar month outside London in the July to September period, according to Rightmove. – Guardian.
Wednesday newspaper round-up: Rail strikes, HS2, Apple
Rail passengers in England face another day without trains on Wednesday as a strike by train drivers halts most services. Members of the Aslef union are on strike for the second time in four days, in a 24-hour walkout timed to coincide with the final day of the Conservative party conference in Manchester. – Guardian.
Tuesday newspaper round-up: Food prices, AI, Home Reit
Food prices dropped in the UK in September for the first month in almost two years, according to retail industry figures, offering consumers some respite amid the cost of living crisis. The British Retail Consortium (BRC) said price reductions for dairy, margarine, fish and vegetables and fierce supermarket competition helped to bring down the cost of an average food basket by 0. 1% compared with the previous month. – Guardian.
Monday newspaper round-up: BP, BAE Systems, business rates
They are the things you didn’t know you needed but now can’t live without: a fitness tracker, wireless headphones, a fancy “bean-to-cup” coffee maker and, more recently, an air fryer. For women add a flattering jumpsuit and white trainers (but forget the floral midi). So says John Lewis in its latest retail report. The annual exercise usually shines a light on the current year’s key products and trends but what’s different this time is, after scrutinising buying habits for 10 years, it also identifies “products of the decade”.