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Cashing in on SpaceX: Every chance I get, Ill sell a little more
Posted onAndre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock – a common trade-off at start-ups as a hiring incentive. Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) – and the 63-year-old says he’s…
UK growth slower than expected in third quarter
Posted onGrowth in the UK economy slowed by more than expected to 0.1% in the July-to-September period, official figures show, as car production slumped. The figure was below the 0.2% predicted by analysts, and is a blow to Chancellor Rachel Reeves less than two weeks ahead of the Budget in which she is widely expected to…
UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Posted onTom Bennett,Londonand Bernd Debusmann Jr,White House Reuters The UK has named career diplomat Christian Turner as its new ambassador to the US, Downing Street has confirmed. The previous ambassador, Peter Mandelson, was sacked by UK Prime Minister Sir Keir Starmer after evidence, including emails and photos, emerged showing his continued association with the paedophile Jeffery…
