Rolls Royce tallies losses following Covid-19 slowdown
By Martin in Business
Updated 3 years ago
Manufacturing giant Rolls Royce has reported a net loss of £3.9 billion for financial 2020 as the Covid-19 pandemic took a huge toll on the aviation sector. The British company saw revenue fall from £15.4 billion to £11.7 billion over the year. Rolls Royce has cut 7,000 jobs over the...