It’s a busy week for the GBP with Brexit trade negotiations (some sort of statement is expected on Friday).
Previous article on negotiations:
Rolls-Royce, maker of jet engines, to cut 3,000 jobs in UK
- as part of a cost reduction exercise previously announced
- following a drastic drop in air travel due to the coronavirus
- The company’s Derby base is expected to bear the brunt of the UK job losses, with 1,500 jobs expected to be cut. And 700 jobs will be created at the Renfrewshire plant in Scotland.