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5 Things You Need To Know, Today, on Monday 25th April 2022
5. Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform.
After the Tesla boss first revealed his bid, Twitter's management announced a so-called "poison pill" strategy to fend off a potential hostile buyout.
4. Ferry company P&O has been forced to reverse an attempt to pay its new, cheaper seafarers less money.
It comes after the RMT Union received reports of agency workers at Dover being asked to sign contracts replacing their old ones with reduced payment.
3. The UK's aviation watchdog should have stronger powers to protect passengers hit by the kind of disruption caused by the pandemic, MPs have recommended.
The Civil Aviation Authority should have "more teeth" to be able to fine airlines not giving refunds, a Commons Transport Committee report said.
2. Asking prices for houses in Britain surged again in April but momentum in the housing market should slow as consumers are hit increasingly by the growing cost of living crisis, a survey showed on Monday.
Property search website Rightmove said asking prices rose by 1.6% this month, slowing slightly from a 1.7% rise in March. More than half of houses are currently selling at or above the asking price, the survey showed.
1. Morrisons says it has cut the prices of hundreds of products to help customers with the rising cost of living.
The supermarket, which is under threat from discounters Aldi and Lidl, said it would offer an average 13% price cut on more than 500 goods including eggs, beef and rice.