Reuters UK/EU

Air-taxi maker Vertical Aerospace gets $50 million equity injection from founder

(Reuters) – UK-based Vertical Aerospace said on Monday founder and CEO Stephen Fitzpatrick would invest $50 million in the electric vertical take-off and landing (eVTOL) aircraft maker to extend its cash runway until the second quarter of the following year. Fitzpatrick will commit an initial tranche of $25 million by March 2024 through a mixture …

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Israeli plan to destroy Hamas not working, peace talks needed -EU’s Borrell

By Andrew Gray BRUSSELS (Reuters) – Israel’s plan to destroy Islamist Palestinian group Hamas in Gaza is not working and the European Union must pursue efforts to create a “two-state solution” despite Israeli opposition, EU foreign policy chief Josep Borrell said on Monday. Israeli Prime Minister had on Sunday reaffirmed a hard line against any …

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UK minister: BBC should lose criminal prosecution powers over licence fee

LONDON (Reuters) -Britain’s BBC should not be able to pursue criminal prosecutions against viewers for not paying the TV licence fee, Culture Secretary Lucy Frazer said, adding that an examination of the broadcaster’s powers would be in its next charter review. Convictions for not paying the licence fee are in the spotlight after Britain’s Post …

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