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Typhoo Tea Crisis, MSP Capital's New Director, Open Cosmos Lands ESA Contract
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These are the top stories making the headlines across The Business Magazine website today:
Bristol's Typhoo Tea goes into administration
Bristol-based Typhoo Tea has entered administration amid deepening financial struggles, with losses ballooning to £38m and over 100 jobs at risk following declining sales and a factory break-in.
Full story here: https://thebusinessmagazine.co.uk/companies/bristols-typhoo-tea-goes-into-administration/
Dorset’s MSP Capital appoints new commercial director
Dorset-based property finance firm MSP Capital has appointed Adam Tovey as commercial director, marking his second promotion within two years, following his previous roles as valuation director and director of risk and underwriting.
Full story here: https://thebusinessmagazine.co.uk/corporate-finance/dorsets-msp-capital-appoints-new-commercial-director/
Harwell's Open Cosmos signs €35m contract with ESA
Open Cosmos has secured a €35 million contract with the European Space Agency to design, launch, and commission NanoMagSat, a three-satellite mission under the ESA Scout framework.
Full story here: https://thebusinessmagazine.co.uk/technology-innovation/harwells-open-cosmos-signs-e35m-contract-with-esa/
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