Richard Branson’s Virgin Orbit has failed in its first test launch of a new rocket | UK Markets

  • May 26, 2020 BST
  • Team Kalkine

Richard Branson’s Virgin Orbit has failed in its first test launch of a new rocket carried by a Boeing 747 and released over the Pacific Ocean off the coast of southern California. The inaugural launch had appeared to be going well until moments after the rocket was dropped from beneath the left-wing of the jumbo jet dubbed “Cosmic Girl”.

Struggling luxury UK carmaker Aston Martin has announced that chief executive Andy Palmer has stepped down. Tobias Moers is taking over from 1 August, with Keith Stanton filling the gap as interim chief operating officer.

A Norfolk branch of Poundland is one of another 26 stores which the discount retailer has confirmed will be opening again after being shut throughout the coronavirus outbreak.

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