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: 22:41 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
STOCKS TO WATCH: Rolls-Royce shares go nuclear; Unilever to vote on London HQ By Alex Lawson, Financial Mail On Sunday Published: 10:54, 12 October 2020 | Updated: 10:54, 12 October 2020 Rolls-Royce shares have been buffeted like a plane in a tornado in recent months – and there are signs of more turbulence ahead. The … Read more
Hitachi’s abandonment of nuclear investment at Wylfa in Anglesey together with Foreign Secretary Dominic Raab’s harder line on human rights in China may do Britain’s struggling engineering warrior Rolls-Royce a favour. For the last several years, the group’s researchers have been championing British-designed and manufactured small modular reactors (SMRs) to provide a solution to energy … Read more
Rolls-Royce races to raise £5bn as it fights for survival: Shares crash to 17-year low after engineer announces it is to go cap in hand to shareholders By James Salmon for the Daily Mail Published: 21:53 BST, 1 October 2020 | Updated: 22:06 BST, 1 October 2020 British engineering titan Rolls-Royce has unveiled plans to … Read more
Rolls-Royce shares have collapsed from a peak of ten pounds two years ago, when order books for the Trent 1000 engine were overflowing and global air travel expanding exponentially, to just above one pound. The value destruction is among the most pernicious commercial impacts of coronavirus. Instead of guiding Rolls-Royce ever higher, chief executive Warren … Read more
Rolls-Royce poised to tap investors for £2.5bn at steep discount to current share price to solve funding crisis By Jamie Nimmo, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 21:50 BST, 26 September 2020 Rolls-Royce is poised to tap investors for £2.5billion at a steep discount to the current share price … Read more
Kuwaitis eye a stake in Rolls-Royce as troubled engineering giant reports a record £5.4bn annual loss By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 September 2020 | Updated: 21:50 BST, 25 September 2020 Kuwait’s sovereign wealth fund was last night said to be in talks about buying a stake in Rolls-Royce. The … Read more