Rolls-Royce posts biggest loss in its history

Currency costs from Brexit vote and bribery case settlement force record £4.6bn statutory pre-tax loss for 2016Rolls-Royce has suffered the biggest loss in its history due to the cost of settling corruption charges and the impact of Brexit on the value of sterling.The engine-maker reported a £4.6bn statutory pre-tax loss for 2016, one of the biggest corporate losses in British history. Continue reading...