Tag : Richard Branson

Virgin Rail Set To Sail

7 months ago / 0 comments

The transport secretary Chris Grayling announced on February 5 that Virgin Trains East Coast, the franchise running services from London to Leeds, Edinburgh, York and Newcastle, is near collapse due to lower-than-expected passenger numbers. The franchise, a joint venture with 90% owned by Stagecoach and 10% owned by Richard Branson’s … Read More

There seems to be a new space race on the horizon

12 months ago / 0 comments

However, unlike before, the race is not fuelled by the cold war rivalry between the USA and the USSR, it is fuelled by private corporations. Investment is flooding into the space industry. The global space economy was worth $329 billion in 2016, and three-quarters of that sum came from private … Read More