Hold your nose: a £1.25bn subsidy for rich Rolls-Royce’s new engine had to happen
<p>The chancellor’s budget giveaway is, unfortunately, a reflection of how life works in the global aerospace business</p><p>It wasn’t a “nothing” <a href="https://www.theguardian.com/uk-news/budget-2026">budget</a> for engine-maker Rolls-Royce. The company was handed £1.25bn from public coffers to part-fund the development of a next-generation engine for si