Rocket firm Orbex pockets £40m from investors ahead of UK launch October 18, 2022 British rocket firm Orbex has pocketed £40.4m in its latest funding run, as it gathers resources in the count down to its first vertical launch from UK soil in November. The Series C funding round, led by new investor the Scottish National Investment Bank, will also help the company fund future projects. Orbex, which has production and [...]
Police shut roads near Cannon St after man climbs on Starbucks roof and throws rocks at building October 18, 2022 Roads between Cannon St and the City Magistrates’ Court has been closed off after a man climbed on top of a building and started throwing rocks. The individual was filmed smashing rocks on the roof of a Starbucks in the centre of the City, on Wallbrook, before throwing them at an adjacent building. At about [...]
Ferrari 296 GTS review: Blue blooded October 18, 2022 With a retractable roof and electric driving mode, you might think the new Ferrari 296 GTS has gone a bit soft. Not a chance, says Tim Pitt.
US prepares to sell from emergency reserves to dampen oil prices October 18, 2022 The White House is preparing to offload oil from its strategic reserves in a late bid to dampen fuel prices and ease the cost of living.
Experts say energy bills will stay high despite gas price slump October 18, 2022 Don't expect energy bills to revert to normal levels this winter, warn experts, despite the recent easing of gas prices.
Pension triple lock at risk as Truss warns of ‘difficult decisions’ October 18, 2022 Number 10 has refused to commit to the state pension triple lock, after Liz Truss promised to keep the measure just weeks ago. Truss’ spokesperson refused four times to say Truss would uphold the triple lock, which would ensure state pension payments stay in line with inflation next year. New chancellor Jeremy Hunt warned yesterday [...]
Four venture trusts bag £45m in start-up vote of confidence October 18, 2022 Four venture capital trusts have bagged £45m from investors in just 24 hours in a vote of confidence for the vehicles after ministers reversed a decision to wind them down.
Why raising awareness in remote areas saves sight October 18, 2022 Andrew Wardle – Programmes Team at Orbis UK I was wearing my Orbis cap and shirt when Lemlem stopped me on the stairs of my hotel and asked if I knew what was wrong with her milky white eye. Immediately, I could see she had a cataract, one that had been developing for a long time. [...]
Truss mini-budget sparked five worst days on UK debt market on record, Bank of England says October 18, 2022 Prime minister Liz Truss’s botched mini-budget triggered the five most volatile days on the UK debt market since records began 22 years ago, the Bank of England said today. Financial markets were rocked by Truss and her former chancellor Kwasi Kwarteng launching £45bn worth of unfunded tax cuts and raising borrowing to fund a two-year [...]
Fast food fears: Warning of Christmas shortages if 600 supply workers strike October 18, 2022 There could be major food shortages this Christmas at many of Brits’ favourite eat-outs due to strike action. Almost 600 workers for Bestfood, which delivers fresh produce to some of the country’s most-loved chains, are threatening industrial action. The workers are members of the GMB Union, and “bust a gut” to keep outlets such as [...]
