Good morning. This week WhatsApp messages were leaked between then-health secretary Matt Hancock and other ministers at the height of the pandemic. It's quickly becoming the biggest leak of data involving the government since the 2009 MPs’ expenses scandal. Here are are the top reveals so far from the 100,000 messages.

Big Stories

London listing exit

The world’s biggest building materials supplier CRH became the latest company to announce it’s moving its share listing from London to New York. The Dublin-based firm said it wanted to strengthen ties with US investors with three-quarters of its earnings coming from North America. The decision is seen as another blow to the UK government’s ambitions for London as a global financial centre. This week Cambridge-based tech firm Arm confirmed it would also choose New York over London for its public listing., The Financial Times also reported that oil giant Shell - the largest company on the London stock market - had considered moving its shares to the US market in 2021.

ITV ad woes

The UK’s largest commercial broadcaster reported a 13% drop in 2022 profits to £672m and warned over falling advertising revenues as wider economic uncertainty hit marketing spend. ITV expects advertising revenue to drop by around 10-15% in the first four months of 2023. The maker of shows including ‘Love Island’ and ‘I’m A Celebrity’ said last year it spent heavily on content and its revamped streaming hub ITVX. The free ad-funded platform launched in December and has 1.5m users with ITV’s paid streaming service BritBox having 3m.

Tesla master plan disappoints

This week Elon Musk unveiled his much-hyped ‘master plan’ for Tesla’s future in the electric carmakers first ever investor day. Musk’s attention has been split between running Twitter since last autumn, and investors are looking for clarity on how Tesla will keep its competitive edge longer term. But the event fell flat with investors after failing to offer any firm detail on the company’s long-awaited next generation of electric cars. The four-hour presentation was long on Musk’s vision to build the next phase of Tesla’s growth around a sustainable energy future by moving into products like heat pumps, but short on any detail of new vehicles.

TikTok clock

The social media firm announced it is developing a parental control tool that will limit screen time for its youngest users. Under 18s will start seeing a 60-minute daily screen time limit on the app, a feature they can technically disable. Social media platforms have been faced criticism for allegedly the inherent “defective” features that can exploit people’s compulsive tendencies. As TikTok makes changes to appease critics, many are still calling for an outright ban of the Chinese-owned app. The European Parliament and Canadian government have already banned the app on employee devices and US authorities are planning on doing the same.

Elsewhere...

Pay rise: Shop staff at Pret a Manger are to receive their third pay rise in a year.

Data leak: WH Smith has been the target of a cyber-attack in which company data was accessed illegally, including the personal details of current and former employees.

Seed sales: Demand for vegetable seeds has "rocketed" as supermarkets continue to limit sales of some fresh produce.

On the bus: The recent wave of train strikes helped National Express more than triple annual profits as passengers switched to buses and coaches to avoid rail disruption.

Support extension: Some energy firms are preparing to amend bills in expectation that the government will keep support at or near current levels, the BBC understands.

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Number Of The Day

£250m

The reported asking price for London’s most expensive home, a four-acre property in Regent’s Park.

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