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Chief executive insists recovery is on track despite tumbling share price
BP veteran takes on one of the trickiest jobs in British industry during challenging times, but with recovery on the horizon
Former BP executive will take over at engineering group at start of next year
New chief should benefit from group’s past investments and aviation industry’s recovery
UK aerospace group to launch ground trials after research shows potential for hydrogen-powered aircraft
British aero-engine maker joins Airbus in raising hopes of aviation sector revival
UK chancellor Rishi Sunak’s constituency in North Yorkshire among 6 contenders
Representatives in talks after deal that included 4 per cent wage rise dismissed as falling ‘a long way short’
UK aero-engine group combines one-off payment with 4% pay rise offer as a ‘simple wage increase is just not affordable’
UK engineering group closes in on successor to chief executive Warren East
UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings
Outgoing chief Warren East says gradual improvement in flying hours has helped trading
Fans of small modular reactors say they are cheap and quick to build, but they also come with challenges
Big shareholders say Warren East’s successor should resist opting for radical change in strategy
Cutting build time is crucial and SMRs can at least offer economies of volume, if not scale
Warren East received £3.95mn last year after annual bonus boosted remuneration
Warren East has been unlucky, but setbacks mean a years-long transformation still has years to run
Head of UK aerospace company will step down at end of year
Several disused facilities in England and Wales are in the frame to be home to Britain’s first small modular plant
Consortium invites Local Enterprise Partnerships in England and Welsh government to pitch for facility
Companies analysis from our sister pubolication
Sovereign fund to take 10% stake in project that is part of UK push for net zero carbon emissions by 2050
Omicron variant has overshadowed news that the company had stopped burning cash in the third quarter
UK aero-engine maker cuts costs more quickly than planned as it expects to save £1.3bn by end of 2022
Big Four report strongest results since Enron and Gillian Tett calls on economists to update their models
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