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Investors eager to hear if Rolls-Royce burned through £1bn in latter six months of 2020 By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 GMT, 4 December 2020 Rolls-Royce boss Warren East wasn’t exaggerating when he said 2020 had been a ‘historic shock’ for the aviation industry. Rolls, … Read more
She reportedly set a new auction record by spending half a million dollars on a diamond ring in September. And it appears Francesca Packer-Barham, 26, can’t stop splashing the cash – as she’s rumoured to now be the proud owner of a jaw-dropping Rolls-Royce Phantom, which retails at around $1 million. The niece of billionaire … Read more
Rolls-Royce bosses will be breathing a sigh of relief after it completed a bumper £2billion fundraising that will unlock even more emergency cash. Britain’s flagship engineering group was aiming to sell 6.5bn new shares to existing investors in what is known as a rights issue. Rolls earns a hefty chunk of its money from maintaining … Read more
Rolls-Royce to create 6,000 new jobs in Britain over the next five years and build 16 new mini nuclear power stations Over the next 15 years, the Rolls-Royce led group hopes to create 35,000 jobs 80% of the power station components set to be made in Midlands and the North By Jane Denton For Thisismoney … Read more
It was another grim day for Rolls-Royce investors – and staff – as shares tumbled and its mass job-cutting programme gathered pace. The engineering giant said it would cut almost 1,400 jobs in its civil aerospace division, its hardest-hit arm which makes and maintains plane engines. Around 950 will be in the UK, while 420 … Read more
FCA launches investigation around Rolls-Royce pension transfers to find ‘evidence of poor advice’ By City & Finance Reporter for the Daily Mail Published: 22:39 GMT, 28 October 2020 | Updated: 22:39 GMT, 28 October 2020 Watchdogs are investigating whether a slew of departing RollsRoyce staff have received shoddy advice around their pensions Watchdogs are investigating … Read more
MARKET REPORT: Rolls-Royce shareholders back British engineer’s £2bn cash call, throwing it a lifeline as its tries to survive coronavirus crisis By Matt Oliver For The Daily Mail Published: 00:37 GMT, 28 October 2020 | Updated: 00:37 GMT, 28 October 2020 Rolls-Royce shareholders have backed the British engineer’s £2bn cash call, throwing it a lifeline … Read more
A police hunt is under way for the driver of a £250,000 luxury Rolls-Royce who fled the scene after being involved in an expensive collision with a £160,000 Lamborghini. Footage captured by a surveillance camera shows the shocking moment the Rolls-Royce Ghost smashed into the rear of a red Lamborghini Urus in Walsal, West Midlands, on … Read more
Early on in the pandemic, the Chancellor Rishi Sunak was adamant that there would be no bail-outs for firms which had other options. Virgin Atlantic and other supplicants seeking funds were told to exhaust all possibilities, including rich proprietors. The wealthy backer for Britain’s top-ranked engineering and aerospace firms BAE and Rolls-Royce is HMG. It … Read more
That’ll put a dent in their no claims bonus! Police hunt driver of £250,000 Rolls-Royce Ghost after it smashes into £160,000 Lamborghini Driver of £250,000 luxury Rolls-Royce crashed into the Lamborghini in Walsall West Midlands Police have shared images of the mangled car on social media A hunt is now underway to find the driver of … Read more