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East Coast train line to be put into public control

East Coast train line to be put into public control

Business
Media playback is unsupported on your device Rail services on the East Coast Main Line are being brought back under government control, following the failure of the current franchise.Operators Stagecoach and Virgin Trains will hand over control from 24 June.The Department for Transport will run the service until a new public-private partnership can be appointed in 2020.Transport Secretary Chris Grayling said it would smooth the transition to a new operator, but critics said it was evidence of private sector failure.Mr Grayling said the franchise had failed because Stagecoach and Virgin Trains had "got their bid wrong", overestimating the profitability of the line.It is the third time in a just over a decade that the government has called a hal...
May calls for inquiry into 'tragic' Gaza deaths

May calls for inquiry into 'tragic' Gaza deaths

World
Theresa May has called for an inquiry into the "tragic" deaths in Gaza as Israel faced growing condemnation over its killing of dozens of Palestinians. The prime minister urged Israel to "show restraint" after soldiers shot dead two more Palestinians near the border on Tuesday.Monday was the deadliest day in the region since the 2014 Gaza war, as 60 Palestinians were killed and more than 2,700 wounded amid protests over the US embassy's move to Jerusalem.At a UN Security Council meeting, Palestine insisted Israel had committed a war crime by firing at the protesters, while Hamas - the rulers of Gaza - was accused of using civilians as "human shields". Image: More than 60 Palestinians have been killed in violent clashes on the Gaza border ...
SpaceX's Block 5 launches, lands safely, delivers satellite into orbit

SpaceX's Block 5 launches, lands safely, delivers satellite into orbit

Science
May 11 (UPI) -- On the second launch attempt, SpaceX's Block 5 rocket, the final iteration of the Falcon 9, successfully blasted off on Friday. The updated rocket model, upgraded to enhance reusability, carried a Bangabandhu Satellite-1 into geostationary orbit. It will be the first Bangladeshi communications satellite put into space. The rocket launched right on time at 4:14 p.m. ET from Launch Pad 39A at NASA's Kennedy Space Center in Florida. On Thursday, a last-minute abort alert forced SpaceX to abandon it's launch plans. The brief launch window didn't give engineers enough time to identify and correct the technical glitch. However, statements from SpaceX suggested the problem was with ground support systems, not the rocket itself. After launch, the mission achieved a quick successi...
Jim Ratcliffe: Turning cast-offs into gold

Jim Ratcliffe: Turning cast-offs into gold

Business
Jim Ratcliffe may once have been called Dr No by trade unions for his tough negotiating stance, but the UK's richest man champions the unloved.Through buying up and turning around the cast-off parts of big business, the Mancunian has made his £21bn fortune.From operations once owned by the likes of oil giant BP, Mr Ratcliffe has created a company whose chemicals and raw materials go into nearly everything we touch everyday. And it only took him 20 years to do it.Mr Ratcliffe, 65, has always been involved in chemicals and industry.After graduating with a degree in chemical engineering from the University of Birmingham in 1974, he spent a very brief spell at BP before jumping to rival oil business Esso as a trainee accountant. Son of a joiner becomes...