Market report: Sputtering Rolls-Royce gives jolty ride

Collapsing investor confidence shaved another 14pc off Rolls-Royce’s share price on Tuesday, as the engineer’s Covid-19 agony continued. The engine-maker, which has taken a severe hit amid a pandemic-induced crisis in the global aviation sector, fell 34.4p to 206.7p, leaving it down 70pc this year. Analysts at Credit Suisse said Rolls-Royce’s plans to undertake £2bn in disposals was likely to reduce the need for it to raise money by selling shares, but warned of volatilit