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....Roger Jenkins, the high-profile banker who left Barclays in 2009 and reputedly was paid £40m during one of his years at the bank, was credited with playing a key role in introducing the Qatar investors to the fundraising. There had been expectations that Barclays would be offered a deferred prosecution agreement (DPA) – a form of settlement – similar to those offered to Rolls-Royce, which paid £671m to settle its case, and Tesco, which was fined £129m as part of a DPA. ... [Read full article on Guardian ]
Sunday 18th of June 2017 02:51:04 PM
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....Alternatively – in the case of the bank, as opposed to the four former executives – the SFO can pursue a deferred prosecution agreement, or DPA, and seek a judge’s approval. It is unclear why a DPA did not materialise in this case, as it did at Rolls-Royce and Tesco in recent months. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 06:05:43 PM
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Latest Finance News related to Rolls-Royce

SFO has clear public interest in pursuing Barclays case | Nils Pratley image
....Alternatively – in the case of the bank, as opposed to the four former executives – the SFO can pursue a deferred prosecution agreement, or DPA, and seek a judge’s approval. It is unclear why a DPA did not materialise in this case, as it did at Rolls-Royce and Tesco in recent months. ...
Barclays to learn if SFO will press charges over Qatari cash injections image
....Roger Jenkins, the high-profile banker who left Barclays in 2009 and reputedly was paid £40m during one of his years at the bank, was credited with playing a key role in introducing the Qatar investors to the fundraising. There had been expectations that Barclays would be offered a deferred prosecution agreement (DPA) – a form of settlement – similar to those offered to Rolls-Royce, which paid £671m to settle its case, and Tesco, which was fined £129m as part of a DPA. ...
Plane makes emergency landing in Sydney after hole appears in engine image
Source : Guardian [Read Article] Tuesday 13th of June 2017 11:30:43 AM
.... The Airbus 330 was forced to circle for an hour before touching down safely. Images show a huge hole in the Trent 700 engine, designed and developed by Rolls-Royce in Derby. ...
Operation Car Wash: The biggest corruption scandal ever? image
Source : Guardian [Read Article] Thursday 1st of June 2017 04:30:45 AM
.... As well as having the highest market valuation (and the largest debts) of any corporation in Latin America, it was a flagship for an emerging economy that was trying to tap the biggest oil discovery of the 21st century – huge new oil fields in deep waters off the coast of Rio de Janeiro. Petrobras accounted for more than an eighth of all investments in Brazil, providing hundreds of thousands of jobs in construction firms, shipyards and refineries, and forming business ties with international suppliers including Rolls-Royce and Samsung Heavy Industries. ...
FTSE reaches record high as UK opinion poll spooks sterling image
Source : Guardian [Read Article] Friday 26th of May 2017 06:37:09 PM
....Many of the UK’s biggest companies earn the majority of their earnings in dollars and have enjoyed a strong surge in earnings since the Brexit vote, which triggered a near 25% fall in the pound before settling at around 15% in recent months. Rolls-Royce was among many firms with the majority of their earnings from overseas to gain from the higher value of the dollar. ...
SFO delays decision again on charging Barclays over 2008 fundraising image
....At one point there had been expectations that Barclays would be offered a deferred prosecution agreement – a form of settlement – although this no longer appears to be on the cards. Earlier this year, Rolls-Royce paid £671m to settle its case with the SFO while Tesco paid a fine of £129m as part of a DPA over an accounting scandal. ...
FTSE's recent record-breaking run stalls image
Source : BBC [Read Article] Wednesday 17th of May 2017 07:29:02 AM
....4% rise in full-year profit. Other fallers included Ashtead Group, CRH, Hikma Pharmaceuticals and Rolls-Royce Holdings. ...
Tory donor questioned by SFO over corruption claims at Petrofac image
Source : Guardian [Read Article] Friday 12th of May 2017 04:47:44 PM
....Petrofac employed Unaoil for consultancy work in Kazakhstan between 2002 and 2009. Unaoil was also hired to work in various parts of the world by the British engineering company Rolls-Royce, which recently admitted corruption and bribery after an SFO investigation. ...
Robotics, AI​​ and 3D printing could close UK's productivity gap image
.... The starting gun has been fired in this global race and Britain needs to get ahead. “The beauty of it is, if we get this right, it doesn’t just drive productivity, but it also means that you’re driving jobs up the value chain, which means that people are getting better paid, so ultimately you raise living standards,” the 53-year-old says from the factory floor of Materials Solutions, which is 85% owned by Siemens and boasts big-name clients such as Rolls-Royce. ...
KPMG's audits of Rolls-Royce accounts probed by regulator image
Source : BBC [Read Article] Thursday 4th of May 2017 08:31:07 AM
. Britain's accountancy watchdog has opened an investigation into KPMG's audit of the accounts of aero-engine maker Rolls-Royce. ...
Accounting watchdog to investigate KPMG over Rolls-Royce audit image
Source : Guardian [Read Article] Thursday 4th of May 2017 07:22:01 AM
. The UK’s accounting watchdog has begun an investigation into KPMG’s audit of Rolls-Royce, after the engineering group settled a bribery case with the Serious Fraud Office earlier this year. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
.... The industry argues they could be quicker and cheaper to build than normal nuclear power stations, partly by being prefabricated in factories. Rolls-Royce, which is bidding for a slice of the competition funding, told the Lords it hoped to deploy a small modular reactor in the UK by 2028 if it had government backing. ...
Apple’s addiction to iPhone shows no sign of waning image
Source : Guardian [Read Article] Sunday 30th of April 2017 06:00:21 AM
....Something for Pearson investors to consider as they make their way to the company’s annual meeting on Friday. Another company which recently recorded the biggest loss in its corporate history, and which is also holding an annual meeting this week, is Rolls-Royce. ...
BMW strike halts Mini car production image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:08:17 AM
....According to Unite, picket lines will be in place for 24 hours at three BMW's plants:. Workers at the Goodwood plant, which makes Rolls-Royce cars, are not walking out on this occasion. ...
High court approves £129m fine for Tesco over accounting scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:18:16 PM
....He admitted the Tesco brand had been damaged by the disclosure of the accounting scandal, but said the company was “committed to doing everything we can to continue to restore trust in our business and brand”. The DPA is the fourth to be completed by the SFO after settlements with Standard Bank, Rolls-Royce and another company that cannot be named for legal reasons. ...
Gender pay gap image
Source : BBC [Read Article] Thursday 6th of April 2017 11:50:56 AM
.... . The industry body for engineering and manufacturing, EEF, says its partners - which include Tata Steel and Rolls-Royce - are bracing themselves. ...
BMW strikes set to disrupt Mini and Rolls-Royce production image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:39 AM
. Workers at BMW, Mini and Rolls-Royce Motor Cars are to hold a series of 24-hour strikes at factories across the UK in a dispute about pensions. ...
BMW workers to stage first UK strikes over pensions image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:37:44 AM
....The strikes will take place at several sites. BMW makes the Mini at Cowley near Oxford and Rolls-Royce cars at Goodwood. ...
Apple exit sends UK chip firm's shares into freefall image
Source : Guardian [Read Article] Monday 3rd of April 2017 08:10:18 AM
.... Its head office and main R&D centre are in Kings Langley near London. The business is run by Andrew Heath, a former Rolls-Royce executive, who took over from long-serving chief executive Sir Hossein Yassaie in February 2016, initially on an interim basis. ...
Serious Fraud Office boss warns big names to play ball – or else image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
....Used in the US for some time now, DPAs were introduced in the UK only three years ago. The Tesco case is the fourth time the SFO has used its new power: it previously reached settlements with Standard Bank, Rolls-Royce and a third company that cannot be named for legal reasons. ...
UK BMW workers back strike over pensions image
Source : BBC [Read Article] Friday 31st of March 2017 03:35:54 PM
....UK workers at BMW have voted overwhelmingly to go on strike in a dispute over pensions, the Unite union has announced. BMW workers making engines and the Mini and Rolls-Royce motorcars plan to strike over plans to close their final salary pension scheme. ...
Tesco to pay £129m fine over accounting scandal image
Source : Guardian [Read Article] Tuesday 28th of March 2017 07:16:54 AM
.... Tesco’s case is scheduled to be heard on 10 April. The DPA with Tesco follows a settlement with Rolls-Royce in January that saw the aerospace and defence company agree to pay £671m over allegations that it bribed middlemen around the world between 1989 and 2013. ...
Tesco fined £129m for overstating profits image
Source : BBC [Read Article] Tuesday 28th of March 2017 06:35:26 AM
....DPAs may be fairly new, but they are instruments the SFO is warming to. Just last month it announced a DPA with Rolls-Royce which saw the company pay a UK fine of £500m. ...
Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
....The Tesco and Barclays investigations are two of the most high-profile cases ever to face the SFO. The fraud-busting agency has been heavily criticised by politicians in the past for the cost of failed investigations but it recorded a significant victory earlier this year when Rolls-Royce agreed to pay £671m to settle allegations that it bribed middlemen around the world between 1989 and 2013. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
...."It seems to be one rule for one sector of people and another for others as shown here by the job cuts," he said. The pay rise for Pearson's boss comes just weeks after the chief executives of UK firms Shell and Rolls-Royce received pay boosts despite profits falling last year. ...
Brexit could damage UK's fight against corruption, says OECD image
Source : Guardian [Read Article] Thursday 23rd of March 2017 10:07:05 AM
....“Efforts must be sustained to improve detection of foreign bribery and achieve stronger enforcement of its anti-bribery legislation,” it said. The report praises the UK’s Serious Fraud Office (SFO) for recent successes in pursuing major corruption cases, including a multimillion-pound settlement with the engineering giant Rolls-Royce earlier this year. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
.... Under existing laws, it can only step in when a deal threatens national security, media plurality and ownership, and financial stability. For example, it holds a "golden share" in Rolls-Royce and BAE, two UK strategic defence and aerospace companies. ...
Rolls-Royce calls its first staff AGM image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:02:59 PM
. Rolls-Royce, the engine maker hit by a £671m settlement of bribery and corruption charges, is to hold its first annual meeting for staff with the aim of improving communication with its global workforce of almost 50,000. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
....At his official residence on the outskirts of Tel Aviv, the British ambassador, David Quarrey, points to a growing economic relationship between the countries in the past 18 months. This included the biggest UK-Israel trade deal in history: Rolls-Royce landed a £1bn contract to service and maintain its Trent 1000 engines for the airline El Al and, in the other direction, the Israeli defence firm Elbit Systems is in a consortium that provides the Ministry of Defence with training aircraft and simulators. ...
Pay boosts for Shell and Rolls-Royce bosses despite profits slide image
. The chief executives of UK titans Shell and Rolls-Royce will receive pay boosts despite profits falling last year. ...
Sir Martin Sorrell's £42m payout takes earnings to £210m in five years image
....Some companies have already heeded attempts by shareholders to respond to the political backdrop, notably Imperial Brands, the maker of Gauloises and John Player cigarettes, which scrapped a pay rise for chief executive Alison Cooper in the face of a potential protest at its annual meeting in January. Among other companies publishing details of pay deals on Thursday was Rolls-Royce, which paid annual bonuses to its executive for the first time in three years. ...
Vast losses at RBS are a legacy of a failed system | Will Hutton image
Source : Guardian [Read Article] Sunday 26th of February 2017 12:05:15 AM
.... Too many great names in British business have revealed feet of clay in the past few years. Rolls-Royce has paid £671m in penalties to the UK, US and Brazilian governments to settle bribery and corruption claims in 12 countries. ...
A London penthouse for £60,000. No, not to buy – that's the weekly rent image
Source : Guardian [Read Article] Saturday 18th of February 2017 09:00:35 AM
.... The complimentary Aston Martin might be superfluous for many guests, though, judging by the number of chauffeurs waiting near the building. One afternoon last week, a Rolls-Royce Phantom and a Bentley Continental were hovering outside the entrance to the Grosvenor House block. ...
Unite workers at BMW threaten action over plans to shut UK pension scheme image
Source : Guardian [Read Article] Monday 13th of February 2017 07:01:07 AM
....6bn) in 2015, intends to close two defined-benefit pension schemes to future contributions from June 2017, and shift workers over to its less generous defined-contribution pension scheme. The changes affect workers at all the company’s British bases, including the plants at Cowley and Swindon, the Rolls-Royce plant at Goodwood near Chichester in West Sussex, Hams Hall near Birmingham, and Farnborough in Hampshire. ...
Donald Trump is undermining the fight against corruption image
Source : Guardian [Read Article] Sunday 12th of February 2017 03:25:57 PM
.... It stunts development, breeds conflict in fragile states, makes taxpayers in rich countries dubious about providing aid to poor countries, and gives crooked firms an advantage over those that play by the rules. Governments have become less tolerant of dirty business dealings over time, as Rolls-Royce has found to its cost. ...
Brexit: the price of post-truth pounds in our pockets image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:59:00 AM
....A big week for fans of major British companies caught bribing folk overseas. There are numbers from engine maker Rolls-Royce, plus full-year results from Shire Pharmaceuticals, which last month agreed to a $350m settlement over US claims that it used “kickbacks and other unlawful methods” to induce doctors to prescribe one of its drugs. ...
Bribery and Brexit propel Rolls-Royce towards historic losses image
Source : Guardian [Read Article] Saturday 11th of February 2017 01:42:36 PM
. Rolls-Royce will report one of the biggest losses in British corporate history this week as Brexit and a corruption scandal leave an indelible mark on the famous aerospace company. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
. Sir John Rose, the former chief executive of Rolls-Royce, has been questioned under caution as part of the Serious Fraud Office’s investigation into a corruption scandal at the engineering group. ...
McLaren to create 200 jobs in Sheffield with new £50m plant image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:40:34 PM
....The facility, which could be expanded in future, will be built near Sheffield University’s advanced manufacturing research centre. Rolls-Royce and Boeing work with the university. ...
Rolls-Royce faces civil service inquiry over UK state funding image
Source : Guardian [Read Article] Sunday 5th of February 2017 03:29:06 PM
. Civil servants are carrying out an internal inquiry to establish whether the engineering giant Rolls-Royce fraudulently obtained financial support worth hundreds of millions of pounds from the government. ...
EU main export market for most UK cities, says thinktank image
Source : Guardian [Read Article] Monday 30th of January 2017 07:01:46 AM
.... Exeter is followed by Plymouth, Bristol, Mansfield, Cardiff and Aberdeen, which all send 60% or more of their exports to the EU. The city least reliant on the EU for exports was Derby, home to Rolls-Royce. ...
Booker Tesco deal has hedge funds in a funk image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
.... But elsewhere, Conn really is in the middle of a seriously unfortunate trot. He was the senior independent director at Rolls-Royce in 2010 – and he was on the board from 2005 to 2014 – which suddenly looks awkward following Lord Justice Leveson’s judgment this month that the company was aware in 2010 of corruption allegations within the company, but decided not to notify the Serious Fraud Office. ...
Dow Jones hits record high – is Trump good for stock markets? image
Source : Guardian [Read Article] Wednesday 25th of January 2017 03:18:04 PM
....Sir Philip Green still has a gong (for now), but even if the Topshop owner eventually coughs up a few hundred million quid for the BHS pension fund, it’s hard to imagine it would be awarded today. Labour is also calling for Sir John Rose, the former chief executive of Rolls-Royce, to lose his knighthood after the engine manufacturing company admitted to bribery and corruption during his period at the top. ...
Well-paid bosses should not get knighthoods – says Sir Philip Hampton image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:22:08 PM
....Honours handed to company bosses have been in sharp focus in recent months. In October, MPs voted for Sir Philip Green to lose his knighthood after the collapse of department store of BHS – a symbolic move – while the bribery scandal at Rolls-Royce has sparked calls from Labour for the firm’s former chief executive Sir John Rose to lose his honour. ...
Hurrah for the industrial strategy. At last Britain has a plan image
Source : Guardian [Read Article] Sunday 22nd of January 2017 06:59:23 AM
.... Even if the industrial strategy is just one page long, it will provide more clarity than Javid offered. Apart from the banks, it is hard to think of a bigger British corporate scandal than Rolls-Royce in the past two decades. ...
Rolls-Royce sent agent to 'retrieve' document from India tax office image
Source : Guardian [Read Article] Friday 20th of January 2017 01:52:09 PM
. Rolls-Royce sent an agent to “retrieve” an incriminating document from tax officials in India to avoid the investigation and prosecution of its employees. ...
'Of the very greatest gravity’: key quotes from the Rolls-Royce bribery scandal image
. The judgments on the corruption charges against Rolls-Royce and the statement of facts behind the case clearly implicate former executives within the company. ...
Rolls-Royce lobbied ministers to weaken anti-bribery proposals image
Source : Guardian [Read Article] Thursday 19th of January 2017 06:19:54 PM
. Rolls-Royce, which this week agreed to pay £671m in penalties after admitting it had engaged in corruption, lobbied ministers to weaken proposed curbs on bribery a decade ago. ...
What did Rolls-Royce directors know about bribery scandal? 'No comment' image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:00:30 AM
. The leadership of Rolls-Royce knew in 2010 about allegations regarding corruption within the company but decided not to notify the Serious Fraud Office, according to the damning judgment on the scandal from Lord Justice Leveson. ...
Calls for ex-Rolls-Royce CEO to lose knighthood after firm admits bribery image
Source : Guardian [Read Article] Wednesday 18th of January 2017 07:48:18 PM
. Labour called for the former chief executive of Rolls-Royce to lose his knighthood, after the company admitted “extensive systemic bribery and corruption” during the period in which he ran the jet engines manufacturer. ...
He's had three strikes. Surely Pearson's chief executive is out? image
Source : Guardian [Read Article] Wednesday 18th of January 2017 07:19:40 PM
.... But his approach is miles away from Barclays’ in 2014, suggesting the death-spiral is more of a gentle slope that a self-respecting bank ought to be able to confront. A senior high court judge called Rolls-Royce’s conduct, for which it will pay £671m in penalties, “egregious criminality over decades”. ...
Rolls-Royce apologises in court after settling bribery case image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:29:50 PM
. The engineering giant Rolls-Royce has apologised after it was found to have paid bribes including a luxury car and millions of pounds’ worth of cash to middlemen to secure orders in six countries, including Indonesia, Russia and China. ...
Rolls-Royce’s SFO settlement is big, ugly and serious image
Source : Guardian [Read Article] Monday 16th of January 2017 07:24:51 PM
. The City had tended to be relaxed about Rolls-Royce’s run-in with the Serious Fraud Office’s bribery investigators. ...
Rolls-Royce to pay £671m over bribery claims image
Source : Guardian [Read Article] Monday 16th of January 2017 05:32:13 PM
. Rolls-Royce, Britain’s leading multinational manufacturer, is to pay £671m in penalties after long-running investigations into claims it paid bribes to land export contracts. ...
The chief executive of Rolls-Royce cars calls for Brexit 'clarity' image
. The chief executive of Rolls-Royce Motor Cars, Torsten Muller-Otvos, wants "clarity and security" from the UK government in its Brexit negotiations. ...
Rolls-Royce Motor Cars boss pledges future in UK despite Brexit qualms image
Source : Guardian [Read Article] Monday 9th of January 2017 10:29:38 AM
. Rolls-Royce Motor Cars has vowed not to turn its back on the UK amid concerns that firms could shift their headquarters overseas in response to the Brexit vote. ...
Jaguar Land Rover and Rolls-Royce car sales rise image
Source : BBC [Read Article] Monday 9th of January 2017 07:24:06 AM
. Jaguar Land-Rover and Rolls-Royce Motor Cars have both reported a rise in annual sales for 2016. ...
Auto industry's Trump fear: 'Everyone dreads being subject of a tweet' image
Source : Guardian [Read Article] Saturday 7th of January 2017 08:00:14 AM
.... It’s a Chevrolet Suburban. Made in the USA,” Donald Trump told the Detroit News last year when the then presidential hopeful was asked to name his favorite car from his 100-plus vehicle fleet that includes a scissor-door Lamborghini Diablo and a 1956 Rolls-Royce Silver Cloud. ...
FTSE 100 bolstered by Persimmon update image
Source : BBC [Read Article] Thursday 5th of January 2017 09:04:25 AM
....31. Rolls-Royce was the worst performing share in the FTSE 100. ...
FTSE slips from record close, while Icap and Tullett complete deal image
Source : Guardian [Read Article] Friday 30th of December 2016 09:50:29 AM
....5p at 586. 5p while Rolls-Royce has lost 7p to 671p. ...
London shares hit year's high at end of 2016 trading image
Source : BBC [Read Article] Friday 30th of December 2016 09:25:42 AM
....Among the top 100 companies, there were no major daily moves. Rolls-Royce was the biggest faller, notching up a decline of 1. ...
Airbus forced to postpone delivery of 12 A380 jets to Emirates image
Source : Guardian [Read Article] Wednesday 28th of December 2016 04:37:00 PM
....The Toulouse-based aviation firm said it would delay delivery to Emirates of six jets due to arrive next year until 2018, with a further six put back from 2018 to 2019. The postponement is said to be linked to technical issues Emirates is having with the new Rolls-Royce Trent 900 engines it has ordered for its fleet of A380s. ...
FTSE 100 edges higher but Capita leads the fallers image
Source : Guardian [Read Article] Wednesday 21st of December 2016 09:37:58 AM
....92 after the cruise ship operator said higher fuel costs and exchange rates would hit its results in 2017, although it did report better than expected fourth quarter figures. Among the risers, Rolls-Royce is up 1. ...
Rolls-Royce winning contracts legitimately key to growth, says CEO image
Source : Guardian [Read Article] Wednesday 14th of December 2016 08:08:31 PM
. The chief executive of Rolls-Royce, which is under investigation by the Serious Fraud Office over bribery allegations, has said winning business ethically plays a key role in his plans for future growth. ...
FTSE 100 extends gains to close up 1% image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:15:09 AM
....57 points. The index was boosted by a wide-ranging rally, with aero-engine maker Rolls-Royce, broadcaster ITV, airline group IAG all among the top risers. ...
Motor city image
Source : BBC [Read Article] Monday 12th of December 2016 03:26:00 AM
....". Twenty-three years ago the RDM Group, on Humber Road, near Ryton, had a plant harnessing component parts for firms such as Jaguar Land Rover (JLR), Rolls-Royce and Bentley. ...
FTSE 100 closes down ahead of Italian referendum image
Source : BBC [Read Article] Friday 2nd of December 2016 09:02:58 AM
....72, with investors cautious ahead of Italy's referendum at the weekend. Rolls-Royce and BHP Billiton were among the biggest fallers. ...
Rolls-Royce to cut 800 jobs from its marine business image
Source : Guardian [Read Article] Thursday 1st of December 2016 11:05:49 PM
. British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business to save an extra £50m a year, responding to weak demand from shipping and energy customers. ...
Rolls-Royce cuts 800 more jobs from its marine division image
Source : BBC [Read Article] Thursday 1st of December 2016 02:32:20 PM
. Rolls-Royce is to cut 800 more posts from its marine division, after announcing 1,000 job cuts last year. ...
China introduces 10% extra tax on 'super cars' image
Source : BBC [Read Article] Thursday 1st of December 2016 03:37:58 AM
. China has introduced an additional 10% tax on "super cars", including Ferrari, Bentley, Aston Martin and Rolls-Royce. ...
May obscures workers-in-boardrooms U-turn with verbal gymnastics image
Source : Guardian [Read Article] Monday 21st of November 2016 02:51:29 PM
....There is a fair argument that May’s original vision was unworkable anyway. Who is the “consumer” for a company like Rolls-Royce? Its direct customers like Airbus or Boeing, or people who fly on planes? For multinationals operating around the globe, could a single worker really have represented all interests?. ...
Rolls-Royce says cost cuts will be at top of target range image
Source : Guardian [Read Article] Wednesday 16th of November 2016 12:10:37 PM
. Rolls-Royce has said annual cost cuts will be at the top of its target range and it is increasingly looking to the future after a string of profit warnings. ...
Rolls-Royce increases cost-saving plans image
Source : BBC [Read Article] Wednesday 16th of November 2016 11:43:06 AM
. Rolls-Royce has raised its cost-saving targets in a bid to cut between £150m and £200m from its budget. ...

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