ALEX BRUMMER :Rolls-Royce desperately needs long-haul travel to return

There is no escaping the immense damage done to Britain’s premier engineering group Rolls-Royce by the pandemic. The cash outflow of £4.2billion is truly horrendous and Warren East, for all his efforts to sound positive, acknowledges there will be some permanent scaring. Airline hours flown, a critical metric for Rolls, will be as much as … Read more