27-08-2020 20:22 via theguardian.com

Rolls-Royce hoping to avoid Covid second wave on bumpy flight path | Nils Pratley

Bleak figures show how engines market is struggling, but asset sales could help firm muddle throughThis is how bad things have got for Rolls-Royce, pride of the UK’s engineering industry: its finance director would prefer to work for Ocado and his career move looks rational. The online grocer, remarkably, is three times the size of the engine-maker these days by stock market capitalisation – and the share-incentive prospects at his new home will be better to boot.The timing of Stephe
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