Rolls-Royce looks to boost battered finances

Rolls-Royce is considering selling off parts of its business and issuing more shares before the end of the year to deal with its growing debt. The news sent sent the troubled engineer's shares nosediving more than 10pc. The company's share price has already taken a beating since the coronavirus outbreak, having more than halved from pre-pandemic levels of around 700p. Demand for the FTSE 100 company’s jet engines and their maintenance has gone off a cliff as air travel has collapsed becaus