Jubilant Libyan rebels have moved from the west into the centre of the capital, Tripoli, as Muammar Gaddafi's sons and defenders lose their grip on the state.

The fact that his son recently bumped into Lord Mandelson, Britain’s powerful first secretary, on holiday in Corfu, has fuelled speculation about a stitch-up.

Saif al-Islam, Gaddafi's powerful son, told TIME that he was confident that those companies would seek a quick return to Libya.