Twitter accused of being behind on rent once again – and this time, it involves King Charles

Business

Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters.

The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week.

Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the tech giant has removed signs and logos from the space in recent months.

Pic: Google Street View
Image:
Pic: Google Street View

According to The Daily Telegraph, Twitter had signed a £2.6m-a-year lease for the third floor, but the dispute relates to rent arrears on the first floor in the same building.

Elon Musk took over the company in a $44bn (£35bn) deal last year, and subsequently began cutting thousands of jobs.

This isn’t the first time that Twitter has faced allegations of unpaid rent at its offices.

Earlier this month, the landlord of its San Francisco headquarters claimed that the company owed $136,260 (£110,073).

Twitter is yet to comment on the latest allegations made by the Crown Estate.

Articles You May Like

Podcast: Tesla earnings review, Tesla Semi/4680 production at Giga Nevada, new Toyota CEO, and more
Everyone’s watching Meta’s earnings report for a hint at how online ads are doing
Faction of Tory members feel ‘disconnected’ after being ‘denied a vote’ when Sunak became PM
‘It would only take a minute’: Putin threatened to kill me with a missile, Johnson claims
Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists