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.
The company indicated this would involve asking the China National Intellectual Property Administration (CNIPA) – the country’s patent authority...
Image source, Getty Images National Insurance payments are being cut for millions of employees from Saturday. However, other changes...
National Police Chiefs’ Council (NPCC) lead for business crime, Assistant Commissioner Paul Betts, said: “When responding to shop theft...
Richard Fearon, chief executive at Leeds Building Society, told the BBC’s Today programme: “This mortgage price war has become...
The four Houthi boats attacked at around 06:30 Yemeni time (03:30 GMT) with mounted weapons and small arms, getting...
“We quickly reviewed the matter and learned that several people had been violating company policies by not performing a...
Such figures were, and could still be, highly volatile. The government says the “savings” would be money not borrowed,...
“The new building safety regime will be a proportionate one, ensuring those buildings requiring remediation are brought to an...
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