Advertisement
UK markets close in 52 minutes

  • FTSE 100

    8,030.09
    +6.22 (+0.08%)
     

  • FTSE 250

    19,743.08
    +143.69 (+0.73%)
     

  • AIM

    754.39
    +5.21 (+0.70%)
     

  • GBP/EUR

    1.1629
    +0.0040 (+0.35%)
     

  • GBP/USD

    1.2454
    +0.0103 (+0.84%)
     

  • Bitcoin GBP

    53,905.63
    +668.14 (+1.26%)
     

  • CMC Crypto 200

    1,439.02
    +24.26 (+1.72%)
     

  • S&P 500

    5,060.86
    +50.26 (+1.00%)
     

  • DOW

    38,415.91
    +175.93 (+0.46%)
     

  • CRUDE OIL

    82.21
    +0.31 (+0.38%)
     

  • GOLD FUTURES

    2,337.60
    -8.80 (-0.38%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,083.13
    +222.33 (+1.24%)
     

  • CAC 40

    8,084.08
    +43.72 (+0.54%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Rolls-Royce ramps up cost savings as markets remain mixed

Reuters - UK Focus

LONDON, Nov 16 (Reuters) - Rolls-Royce, the British jet engine maker, said it would deliver costs savings at the top end of its 150 million pounds ($187 million) to 200 million pounds target as it restructures to become more efficient.

The company said the market outlook was mixed. Demand for its engines for extra wide body civil aircraft was strong, but there was further weakening in business aviation and no sign of recovery in offshore oil & gas markets for marine, where its order book remains "very weak", it said on Wednesday.

($1 = 0.8006 pounds) (Reporting by Paul Sandle; editing by Kate Holton)