The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The PM was questioned today about SAF and agreed that SAF fuel will be made in the UK to support the aviation industry over the next few years with monies given for companies to come on line in 2025.. Good news for RR
No. But today's swing made me think about it. Not long to results day. Will add a stop loss just in case. Perhaps around £3.05 just in case. I will sell some at £3.40. I want a big holiday and will hold the rest
Nice video showing what RR can do.
https://supercarblondie.com/air-car-flying-car-rolls-royce-jet-engines/
Https://interestingengineering.com/innovation/rolls-royce-mini-nuclear-reactor-for-moon
I think £2.80 by year end. Tomorrow will be interesting and will set the scene for the next 12 months. The hype has been building for months. I wouldn't be surprised to see a 5% increase. I think it's more likely to be a few percent as the market has factored in some already
Rolls-Royce Holdings, the aircraft engine manufacturer, is to axe more than 2,000 jobs as part of a cost-cutting drive by its new chief executive.
Sky News has learnt that the Derby-based company is expected to announce plans to lay off around 2,500 staff as soon as Tuesday.
The cuts will be distributed across its global operations and are likely to affect hundreds of UK staff, according to people close to the situation.
The restructuring of its non-engineering workforce has been anticipated for months, and will be among the most significant steps taken so far by Tufan Erginbilgic, who took over as Rolls-Royce's chief executive at the start of the year.
His move to cut costs and reduce duplication across the company's operations will please City analysts and investors who believe there is significant scope to improve its efficiency.
Since his appointment, Mr Erginbilgic has described the company as "a burning platform" and said one of its main subsidiaries had been "grossly mismanaged", underlining his reputation as a plain-speaking executive.
Whitehall officials are understood to have been briefed on the latest redundancy plans, in accordance with statutory requirements relating to job cuts, on Monday evening