Vertical Aerospace makes leadership appointments

Vertical Aerospace Ltd., a global aerospace and technology company, has made several leadership appointments as the company moves towards a pivotal phase of certifying its VX4 aircraft and commercialization. Stuart Simpson, Vertical Aerospace’s CFO and seasoned FTSE100 executive, with a career which spans 30 years and includes leadership roles across …

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USPS loses US$150m in counterfeit postage scam

A woman from Walnut, California, has pled guilty to defrauding the United States Postal Service (USPS) out of more than US$150m in a counterfeit postage scam in Los Angeles. According to the US Attorney’s Office, Central District of California, Lijuan ‘Angela’ Chen, pleaded guilty to one count of conspiracy to …

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Royal Mail takes action on counterfeit stamps

With approximately 450,000,000 stamps used in the UK each year, they are an attractive target for fraudsters, which is why Royal Mail is introducing further measures to reduce the number of counterfeit stamps. The postal operator launched barcoded stamps in February 2022 and has reduced the number of fakes in …

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Government funding available to decarbonise freight

The third year of the £7 million Freight Innovation Fund Accelerator has been launched in an effort to decarbonise freight in the UK. Small and medium-sized enterprises (SMEs) can receive up to £1.8 million in Government funding to support the freight sector in deploying technology and automation to improve the way trains, …

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