Nevada-based Sierra Nevada Corporation (SNC) will continue work on the LAS contract pending any further direction from the Court.

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The PCB had been trying to get hold of him since Monday and on Wednesday suspended his contract pending further investigation.

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Mr Holmes said the contract would not affect pending job losses at Warton and Samlesbury.

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Pending home sales represent pending sales of existing homes where a contract has been signed but the transaction has officially not been closed yet.

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The remaining nine vessels which formed Able UK's contract, will stay in Virginia until at least next spring pending legal challenges there.

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Pending Home Sales is a forward looking indicator for the housing market as it is based on contract signings, as opposed to deal closings, so any reported increases often suggest better days ahead for housing.

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