Crown Estate accuses Twitter of failing to pay rent at UK office

Twitter and Crown Estate in legal battle over unpaid rent

The Crown Estate is suing Twitter because they allegedly haven’t paid the rent for their London office.

The Estate, which is in charge of the King’s property portfolio, sued Twitter in London’s High Court last week, according to the Reuters news service.

The BBC has been told that the alleged debts are for office space near Piccadilly Circus in central London.

Crown Estate sues Twitter for unpaid rent at UK headquarters
Twitter and Crown Estate in dispute over unpaid rent at UK HQ

When asked for comment, the social media giant hasn’t said anything.

It comes after Elon Musk, the second richest person in the world, bought Twitter for $44 billion (£36 billion) in October of last year and fired more than half of the company’s 7,000 employees worldwide.

After contacting Twitter about unpaid rent for office space on Air Street, the Crown Estate went to court.

The Estate is one of the biggest landowners in the UK. It is also an independent business that makes money for the government. The Sovereign Grant, which is 15% of the annual surplus of the Estate, is then given to the monarch to help pay for official duties.

It owns 10 million square feet of property in London’s West End and the seabed around England, Wales, and Northern Ireland.

Mr. Musk, who owns Tesla and Space X, said that there are now 2,300 people working for Twitter.

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