Power systems giant Rolls-Royce has announced that it will soon begin flight tests of an engine upgrade for the US Air Force's T56 turboprop engine, which is expected to deliver 'significant benefits' to the fleet of C-130H transport aircraft.
The enhancements (Series 3.5 upgrade), which include "new blade materials and advance turbine airfoil aerodynamic designs", are expected to enable the aircraft to continue operation until 2040 while delivering fuel savings of 8%, along with improved reliability and performance.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
