UK retail sales slump in April, says CBI; gas prices rise as Gazprom cuts supplies – business live

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Concern over Elon Musk’s Twitter takeover wipes $126bn off Tesla value, as German consumer morale falls to historic low and dollar rises to pandemic high

GSK, Britain’s second-biggest drugmaker, has unveiled better-than-expected results for the first three months of the year, ahead of the planned July listing of its consumer healthcare division, which makes Sensodyne toothpaste and Panadol painkillers.

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