Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The company’s Boeing 747 plane, which was converted to help launch satellites, has also been sold off. In total, the asset sale fetched $36.4m (£29.4m).
“The United States now has 60% of its adult population vaccinated, infections are falling. It’s an important market for...
In June, Centrica said it planned to to cut around 5,000 jobs to “arrest the decline” of the company.
Earlier this week, Economic Secretary to the Treasury Andrew Griffith said there was no need for Sir Howard to...
Elsewhere, the boss of the Federation of Small Businesses, said its members had warned they would have “no choice...
“There is a massive global appetite from investors, but the majority of new space companies are still private, from...
It also found that full-time workers being paid less than the £9.50 an hour real living wage were particularly...
The North East of England, at 4.9 times average earnings and Scotland, at five times, have the most affordable...
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