Skylon will be capable of reaching Earth's stratosphere in just 15 minutes

British officials say links to any battery-related problems have been ruled out

Sir Richard Branson last night decided to fold up his business making flat beds for aircraft after losing a lengthy patent scrap with his former partner on the project.

At last the City’s got a watchdog that barks. It’s early days, but Andrew Bailey is proving feisty as the Bank of England’s deputy governor in charge of the Prudential Regulatory Authority, (PRA) the UK’s new banking watchdog.

TalkTalk and BT have come under fire from the media regulator Ofcom because of their high level of customer complaints.

Virgin Money, the bank that bought the rump of Northern Rock for £750m last year, has paved the way for flotation on the stock market with news that it moved into the black late last year and will make a profit this year.

Creation of 22 "super-connected" cities stutters after legal objection from telecoms

Q. I am in the process of booking a return flight from London to San Francisco. The direct flight I have selected is run by United but I can also book the same one through the Lufthansa site. Is there any advantage, under the EU rules, for this flight if I book the Lufthansa option? Margaret Read, Stafford

He may be an employee but the group is his creation

West Coast main line company Virgin Trains is to take action against Network Rail (NR) over what it claims is breach of contract concerning train punctuality.

Profits ‘will soar at European airlines’

The deal

Expect the worst delays in the 'Sunshine State' of Florida

Virgin Atlantic slumped to a £93m loss for the 12 months to March, the second consecutive year of major losses, with Sir Richard Branson's airline blaming the Olympics for "severely denting demand for business travel".