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European firms unite in bid to rival SpaceX
Key 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…
How Somerset families can get crisis support to help heat homes
Somerset councillor Heather Shearer said: “One thing the Crisis Resilience Fund wants us to do is not just support people in crisis, it also wants us to work in our community, give more strength and support for the organisations who already support our families.”
I had £20,000 stolen and had to fight a 13-month fraud reporting rule to get it back
It states, among other things, that victims of push payment scams should be reimbursed within five working days, up to a value of £85,000 but that banks and payment service providers must be told within 13 months of the date of the last payment being made.
Thousands more flights cancelled as Iran strikes continue
From the UK, flights have also been cancelled for many Middle East destinations, including all flights to Israel and Bahrain, three quarters of the day’s scheduled flights to the United Arab Emirates, and more than two thirds (69%) of flights to Qatar.
Denmark loses £1.4bn London tax fraud case
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Denmark has lost a £1.4bn tax fraud case at the High Court in London in a blow to the country’s efforts to recover monies from the sprawling “cum-ex” scandal. The Nordic country’s tax authority had…
Rachel Reeves plans ‘targeted action’ on bills in Budget
Faisal IslamEconomics editor Watch: Government will be taking targeted action on cost of living, says Reeves Chancellor Rachel Reeves has said she is planning “targeted action to deal with cost of living challenges” in next month’s Budget. Speaking to the BBC, she said it was the job of both the government and the Bank of…
