Rolls-Royce’s new chief executive Warren East: He was forced to issue a profits warning on only his second day in the job and later in the year shocked the market when he admitted that he could not rule out another warning.  Photograph: Toby Melville/Reuters

When Rolls-Royce last cut its dividend, in 1992, Britain was mired in a long-running recession, Bohemian Rhapsody by Queen was topping the charts and (...)

EasyJet is planning  to  go toe-to-toe with former flag-carriers on short-haul routes

EasyJet shareholders backed an order for 135 Airbus SAS jets valued at $13 billion, cementing chief executive officer Carolyn McCall’s strategy of goi(...)