Daily Business In Brief: United Utilities to begin £914 million improvements scheme early | Sterling rises to a 10-month high against the dollar | Virgin Orbit crashes back to earth in bankruptcy filing

By Rich Wilcock

4th Apr 2023 | Business Roundup

Virgin Orbit made 85% of its staff redundant to stave off bankruptcy but has ultimately failed (Image - Virgin Orbit)
Virgin Orbit made 85% of its staff redundant to stave off bankruptcy but has ultimately failed (Image - Virgin Orbit)

Tuesday's business stories making the national headlines

Richard Branson's Virgin Orbit files for bankruptcy

After a failed satellite launch and huge redundancies, Virgin Orbit has now filed for bankruptcy

Full story via Sky

United Utilities brings forward a huge improvements plan

The new CEO of Warrington-based United Utilities has said the planned £914 million scheme of works is to be brought forward

Via Businessdesk

Sterling rises to its highest against the dollar since June 2022

The currency hit a 10-month high after the dollar continued its downward trend

Via Reuters

Got a business story? Email [email protected]

Follow Cheshire Business Nub on FacebookTwitter, and LinkedIn

Share:

Related Articles

If you think you could be our North-West Business Editor, email Head of Content James Smith at james.smith@nub.news
Business Roundup

Nub News is looking for a new business editor!

The CMU and Royal Mail talks have collapsed but negotiations could restart (Image - Allen Watkin/Wikimedia Commons)
Business Roundup

Daily Business in Brief: Royal Mail pay talks collapse | House prices rise | Amazon and Microsoft could face UK watchdog

Sign-Up for our FREE Newsletter

We want to provide sandbach with more and more clickbait-free local news.
To do that, we need a loyal newsletter following.
Help us survive and sign up to our FREE weekly newsletter.

Already subscribed? Thank you. Just press X or click here.
We won't pass your details on to anyone else.
By clicking the Subscribe button you agree to our Privacy Policy.