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Energy billionaire’s flying taxi crashes in Cotswolds

Incident occurred during a test ‘designed to establish the limits of the aircraft’s performance’

A flying taxi owned by the billionaire boss of Ovo Energy has crashed in the Cotswolds.

Vertical Aerospace, founded by Stephen Fitzpatrick, was dealt a blow on Wednesday when a test flight failed in dramatic fashion.

The Bristol-based startup, which is producing a five-seater flying taxi that can reach speeds of up to 200mph, said in a short statement that its prototype had crashed during a test of the “aircraft’s manoeuvrability”.

Mr Fitzpatrick has incorporated Vertical Aerospace into his sprawling business empire, the bulk of which is made of Ovo Energy, Britain’s fourth-largest gas and electricity supplier that serves 4.5m customers.

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