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European firms unite in bid to rival SpaceX
Posted onKey European aerospace firms have agreed to pool their space operations into a single business in a bid to compete in the rapidly developing space industry against rivals including SpaceX. Pitched as a ‘European Space Champion’, the new company will be headquartered in Toulouse, employ around 25,000 people and have an annual turnover of €6.5bn…
Prime Minister Andy Burnham promises help with your money. How could it affect you?
Posted onIn his first speech as prime minister, Andy Burnham has promised to give people more “breathing space” to help with the cost of living. Policies will be announced on Tuesday – his first full day in the job. Although a few hours after taking office, the new prime minister confirmed he will be “looking at”…
Energy bills, mortgages and more: How the Iran war may affect your finances
Posted onYet, analysts do not think inflation will return to the peak of 11.1% seen in the UK in October 2022. That is because the war in Ukraine also caused spikes in the prices of basic foodstuffs, such as wheat and edible oil, owing to the role of Ukraine in producing those items. That is not…
