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      UK at ‘greatest risk’ of jet fuel shortage as flights to be cancelled

      A ruling by the UK ad watchdog has raised questions over Virgin Atlantic's "groundbreaking" biofuel-powered flight across the Atlantic last November.

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People

  • JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown

    April 7, 2021

    JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown

  • Kim Kardashian joins the billionaire club as sister Kylie falls out of favour

    April 6, 2021

    Reality TV star-turned-cosmetic and shapewear mogul Kim Kardashian has appeared for the first time on Forbes magazine’s list of the world’s billionaires. Forbes estimated Kardashian, 40, is now worth $1bn, up from about £780m in October, “thanks to two lucrative businesses – KKW and Skims – as well as cash from reality television and endorsement [...]

  • Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed

    April 5, 2021

    Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed

  • Tesla shares surge as electric carmaker’s deliveries beat estimates

    April 5, 2021

    Shares of Tesla accelerated eight per cent in pre-market trading today, after the world’s most valuable carmaker posted record deliveries as a solid demand for its electric cars offset the impact of a global shortage of chips. The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover [...]

  • Sunak questioned over Greensill Capital’s links to Covid loan scheme

    April 5, 2021

    Greensill Bank clients get $3bn payout as Labour puhes for tighter lobbying rules after David Cameron lobbying probe

  • Greensill: What is the David Cameron lobbying row all about?

    March 30, 2021

    Labour is calling for an inquiry amid reports former Prime Minister David Cameron used his contacts to lobby for support for Greensill Capital through the government’s Covid Corporate Financing Facility. Business secretary Kwasi Kwarteng insists Cameron “did absolutely nothing wrong” in his dealings, adding that “everything was above board” with the former prime minister’s connection [...]

  • SpaceX: Elon Musk’s Starship rocket crash lands after test flight

    March 30, 2021

    Elon Musk’s SpaceX has suffered another failed test flight of its Starship rocket, which appears to have exploded during a landing attempt today. The uncrewed prototype was successfully launched from Boca Chica in Texas this morning for its fourth major test flight. But the Starship appears to have been destroyed during a crash landing, though [...]

  • David Cameron ‘did nothing wrong’ in his dealings with Greensill, says Kwasi Kwarteng

    March 30, 2021

    David Cameron “did absolutely nothing wrong” in his dealings with Greensill Capital, according to a senior government minister. Business Secretary Kwasi Kwarteng said “everything was above board” with the former prime minister’s connection to the financial services company which collapsed earlier this month. Speaking on Sky News this morning, Kwarteng said that, with Cameron having [...]

  • PayPal to allow US customers to use cryptocurrencies in online shopping

    March 30, 2021

    PayPal is set to allow its US customers to use their cryptocurrency assets to pay online, a move that may signal a shift towards digital currencies for online shopping. Formally announcing the move later today, PayPal will allow customers to convert bitcoin, ether, bitcoin cash and litecoin into fiat currencies at checkouts, the company told [...]

  • UK to focus on vaccinating adults before offering surplus shots, minister says

    March 30, 2021

    Business minister Kwasi Kwarteng has said this morning the UK will focus on vaccinating its adult population before offering surplus doses to neighbouring countries. More than 30m people have been given at least one shot of the vaccine so far in the UK’s largest inoculation programme to date. The UK has aimed to offer all [...]

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