While Rolls-Royce has lost billions and continues to burn through cash, investors will take some limited reassurance from this set of results. Chief executive Warren East forecast that the company will turn cash positive in the second-half of this year, and that the number of hours its engines spend in the air – a vital metric as the company only earns money when planes fly – will increase this year, although only to 55% of pre-pandemic levels.
Image copyright Grosvenor Image caption A Pizza Pilgrims restaurant in Belgravia Some restaurants say they will continue to offer...
Climate protesters hit Ryanair chief executive Michael O’Leary with two cream pies during a press briefing in Brussels. The...
The Post Office’s Horizon system is “very robust” and the only scandal is that the company failed to properly...
“These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy. I’m pleased...
Mr Lindner said: “And so, if United Kingdom decides for a special relationship with the European Union and...
The UK government proposals will work at “cross purposes” with the cost-of-living fight, the IMF says.
“We’ve already seen this movie – how profit and growth has unfolded in the US, China, Europe and Latin...
Since February, the CMA has been engaging with the government’s Levelling Up department, and various consumer rights groups, including...
Recent Comments