Image copyright Getty Images Former Boeing chief Dennis Muilenburg has left the company with $62m (£48m) in compensation and pension benefits. Mr Muilenburg will not receive severance pay, according to a regulatory filing by Boeing. Boeing fired Mr Muilenburg in December to restore confidence in the firm after two deadly crashes involving its 737 Max […]
Former Boeing chief Dennis Muilenburg leaves with $62m Read More »
Image copyright Flybe Low-cost airline Flybe has declined to comment on media reports that it is in crisis talks in a bid to put together a rescue deal. According to Sky News, Flybe, which has already been bailed out once, has been struggling to secure fresh finance. But the airline said: “We don’t comment on
Flybe tight-lipped over collapse threat Read More »
Image caption It’s been a 30-year project to regenerate Halifax’s Dean Clough Mill There are regimented lines of workspaces beneath the beams and a thrum of machinery as over 1,250 workers go about their business in a Halifax mill. But this is not sooty Victorian England, rather the offices of a modern insurance firm with
Northern England’s disused mills ‘at risk’ Read More »
Media playback is unsupported on your device Media caption‘Why I’ve bought a ticket to fly to the Moon’ Japanese billionaire Yusaku Maezawa is looking for a female “life partner” to accompany him on Space X’s maiden tourist voyage to the Moon. The fashion mogul, 44, is set to be first civilian passenger to fly around
Yusaku Maezawa: Japanese billionaire seeks ‘life partner’ for Moon voyage Read More »
Image copyright Getty Images More parents now feel under pressure check their work emails in the evening, according to a new report. The 2020 Modern Families Index found that 44% of parents check their emails or do other work at night. Of those, three quarters said they did not have a choice, an increase since
Parents ‘under greater pressure to work at night’ Read More »
Image copyright Bank of England Another Bank of England policy setter has floated the idea of cutting the central bank’s main interest rate. The rate is used by banks and other lenders who set borrowing costs. It affects everything from mortgages to business loans and thus has a big effect on peoples’ and firms’ finances.
Third Bank executive hints at rate cut possibility Read More »
Image copyright BEALES One of Britain’s oldest department stores has warned that it could collapse into administration. Beales, which began trading in Bournemouth in 1881, said 22 stores and 1,000 jobs were at stake if it cannot find a buyer. The firm is negotiating with its landlords to try and agree rent reductions. It is
Department store Beales warns of collapse risk Read More »
Image caption Ketty Maisonrouge has tried on her spacesuit and is ready for take off Ketty Maisonrouge has waited 15 years for a trip that she knows will be out of this world. The 61-year-old business school professor signed up back in 2005 for the promise of five minutes in zero-gravity, paying $250,000 (£190,500) to
‘I’ve paid £250,000 for a ticket into space’ Read More »
Image copyright PA Media Thousands of passengers could save money on rail fares as “split tickets” become more common, experts predict. Buying individual tickets for portions of the same journey can work out cheaper, but the practice has previously remained a “niche”. Leading travel website Trainline has now released SplitSave, which aims to find cheaper
‘Split ticket’ rail fares to go mainstream say experts Read More »
Image copyright Getty Images Image caption The research estimates Burns’ brand is worth almost £140m annually The economic and cultural importance of Robert Burns is worth £203m to Scotland each year, according to a new report. The University of Glasgow study found that the “worldwide fascination” with the poet supports Scottish businesses. It showed that
Robert Burns ‘worth more than £200m to Scottish economy’ Read More »
