内容摘要：Moves to reopen the cinema began when the building's owners, Caledonian Heritable, agreed to lease the building back as a modern cinema space for a minimum period of 25 years, with a new lease being signed in July 2024.

Moves to reopen the cinema began when the building's owners, Caledonian Heritable, agreed to lease the building back as a modern cinema space for a minimum period of 25 years, with a new lease being signed in July 2024.

Fast forward three decades to October 2024 and Reaction Engines was bringing the heat exchanger to life at sites in the UK and US.UK Ministry of Defence funding took the company into hypersonic research with Rolls-Royce for an unmanned aircraft. But that was not enough to keep the business afloat.

Rolls-Royce declines to go into details about Reaction's collapse, but Mr Varvill is more specific."Rolls-Royce said it had other priorities and the UK military has very little money."Aviation is a business with a very long gestation time for a product. It can take 20 years to develop an aircraft. This unforgiving journey is known as crossing the Valley of Death.

Mr Varvill knew the business had to raise more funds towards the end of 2024 but big investors were reluctant to jump on board."The game was being played right to the very end, but to cross the Valley of Death in aerospace is very hard."

What was the atmosphere like in those last days as the administrators moved in?

"It was pretty grim, we were all called into the lecture theatre and the managing director gave a speech about how the board 'had tried everything'. Then came the unpleasant experience of handing over passes and getting personal items. It was definitely a bad day at the office."These are predominantly made from the chardonnay grape. Chablis, one of the best-known examples, is extremely popular in the US.

Burgundy also produces an increasingly successful sparkling wine, called Crémant de Bourgogne, and a small amount of rosé.All of which is good for Burgundy because while general red wine consumption just keeps going down, white is holding firm, and sparkling is going up.

Also, the reds that come out of Burgundy are, according to Mr Labet, the kind consumers increasingly want, as they are typically lighter than New World reds."What is interesting to see is that there is a strong de-consumption of what we call the big reds, made in the US. Wines with a lot of alcohol, aged in new wood."