BBCNEWS BBC News at One June 4, 2024 12:19:00
Of the hassle out of holidays. katy austen, bbc news. sir richard branson�*s satellite launch company, virgin 0rbit, has filed for bankruptcy, after failing to secure new investment. the company, which is based in california, stopped operations several weeks ago, but it hopes to find a buyer for the business. it follows the spectacular failure of a virgin 0rbit rocket launched from the uk earlier this year. its payload of american and british satellites were destroyed. our business editor simonjack is with me. was this inevitable after the loss of the satellites? i think it was, and in fact,...