Trump later backtracked and delayed the tariffs until 9 July, a move that his US Trade Representative Jamieson Greer characterised as having a "fire lit" under the EU.
What lessons can we draw for other high-tech ventures? "You definitely have no choice but to be optimistic," says Mr Dissel.The grim procedure of winding down the business took over as passwords and laptops were collected while servers were backed up in case "some future incarnation of the business can be preserved".
The company had been going in various guises for 35 years. "We didn't want it to go to rust. I expect the administrator will look for a buyer for the intellectual property assets," Mr Dissel adds.Other former employees also hold out for a phoenix rising from the ashes. But the Valley of Death looms large."Reaction Engines was playing at the very edge of what was possible. We were working for the fastest engines and highest temperatures. We bit off the hard job," says Mr Dissel.
Despite all this Mr Varvill's own epitaph for the business overshadows technological milestones. "We failed because we ran out of money."A West Yorkshire art gallery is attempting to raise sufficient funds to purchase a Dame Barbara Hepworth sculpture "for the nation".
The Hepworth Wakefield wants to buy Sculpture With Colour (Oval Form) Pale Blue And Red, created in the 1940s, in order for it to go on permanent public display.
The oval-shaped piece, which sold for more than £3.5m in 2024, was later given aAid distribution has recently been taken over by The Gaza Humanitarian Foundation (GHF), an Israel and US-backed group which aims to replace UN agencies and other organisations in the region.
Over the past few days,on the route to an aid distribution site in Gaza run by GHF.
The UK's ambassador to the UN Barbara Woodward explained that she voted in favour of the draft resolution because Britain wants the "intolerable situation in Gaza needs to end" and that the country sees a ceasefire as the best way to "achieve a long-term political solution".She added that Israel needs to "end its restrictions" on aid now and "let the UN and humanitarians do their job to save lives, reduce suffering and maintain dignity".