Engineering giant Rolls-Royce preparing to cut up to 8,000 jobs in jet engine business By Harriet Dennys, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 21:57 BST, 2 May 2020 Engineering giant Rolls-Royce is preparing to cut up to 8,000 jobs in its jet engine business. An insider said the company’s … Read more
Rolls Royce ‘is to cut up to 8,000 jobs’ as coronavirus crisis hits income from air industry in impact that ‘could be worse than 9/11’ Aero-engine maker Rolls-Royce Holdings could cut up to 15% of its workforce A source told Reuters it is not finalised and there is still negotiation to be done In April … Read more
Rolls-Royce says it will be the first UK car maker to resume production from 4 May Bosses at the British car maker said 1,000 employees will return on Monday That’s around half the total workforce at the Goodwood factory near Chichester It means Rolls-Royce will be back making cars a day earlier than Aston Martin … Read more
A businessman was arrested at his luxury Cotswolds hotel as police investigate a crime group believed to be sexually exploiting women in London brothels. Jason Guo, 27, was arrested on suspicion of money laundering offences as police seized a Bentley and a Rolls-Royce in Stow-on-the-Wold. He and a second person arrested in Gloucestershire have since been … Read more
Rolls-Royce hands a £4.6bn chunk of its pensions scheme to Legal & General By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 6 June 2019 | Updated: 21:51 BST, 6 June 2019 Rolls-Royce has offloaded a £4.6billion chunk of its pension scheme covering 33,000 members to Legal & General, in the biggest … Read more
Rolls-Royce joins rush to cut dividends with 13 firms suspending or cancelling payouts worth £636m in just one day By Lucy White For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:22 BST, 6 April 2020 Dividends worth £17.6billion have now been axed so far this year as British investors continue to … Read more