New-build homes at a Redrow housing development in Arborfield near Reading, England. Photo: Adrian Dennis/AFP via Getty Images Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: House builder’s profit slumps House builder Redrow (RDW.L) saw its profits slump […]
slumps
Engineering giant Rolls-Royce, which makes jet engines, has reported record losses after the coronavirus pandemic caused demand for air travel to slump. The firm announced a pre-tax loss of £5.4bn for the first half of this year. Chief executive Warren East told the BBC he did not expect demand to […]