Warren East

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…

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.…

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…