Rolls-Royce, the engine-maker and defence firm that is spitting out so much cash it can shove £7bn to £9bn towards buying back shares over the next three years, would like UK taxpayers to find a few quid – reportedly up to £200m as a first slug – to help fund one its big bets. The company would “appreciate” financial support from the government to smooth work on a new engine, says its chief executive, Tufan Erginbilgiç.
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Previous talks, held ahead of July's five-day strike, the 12th since March 2023, had centred on career progression, working conditions - such as rotas, and out-of-pocket expenses like exam fees.