As first reported by Sky News, aero-engine group Rolls-Royce is to give a one-off payment of £2,000 to 14,000 of its UK employees to help with the rising cost of living. In addition to the lump sum, Rolls-Royce will also offer a 4% pay rise backdated to March to 11,000 shopfloor workers. Rolls-Royce, which is […]
Rolls-Royce’s announcement came as the company returned to profit last year after meeting its restructuring targets a year sooner than anticipated. In 2020, Rolls-Royce saw a $4 billion loss compared to a profit of £124 million in 2021. Despite today’s crash for Rolls-Royce shares, analysts say the stock has recovered well since October 2020, when […]
The British company, Rolls-Royce Aerospace, had been working on a battery-electric aircraft for a long time now. And in September, their first plane called the Spirit of Innovation took to the skies for the first time. Although the test flight lasted for only 15-minutes, it set the ball rolling for what was to come. Two […]
Rolls-Royce’s all-electric aircraft, the “Spirit of Innovation”, has recently hit a record-breaking top speed of 387.4 mph on a series of runs at the UK Ministry of Defence’s Boscombe Down testing site in Wiltshire, UK. Rolls-Royce claims that this makes the Spirit of Innovation the fastest EV in the world, with the figures since submitted […]
Rolls-Royce joins a list of other premium brands making the switch to electric vehicles, such as Volkswagen’s Bentley and Jaguar’s Land Rover. In a statement, it said that its first fully electric-powered car, named Spectre, will land on the market in the fourth quarter of 2023. Tests on the vehicle are expected to begin soon. […]
A true veteran of the automotive industry, Torsten spent more than 13 years rising through a variety of positions at BMW Group. He took on roles in the Sales and Marketing Division, but became best-known for his impressive tenure as Director of the MINI brand between 2000 and 2003. He successfully relaunched MINI internationally as […]
Legendary carmaker Rolls-Royce have just released the latest version of the Ghost. The new model forms part of Rolls Royce's brand new ‘Post Opulent’ design philosophy.
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