Rolls-Royce roars again

Chief executive Warren East has pulled the jet-engine firm out of its nosedive. Investors will now be expecting a higher dividend. Alice Gråhns reports.

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Warren East: winning the fight

When Rolls-Royce boss Warren East took over three years ago, "many predicted a short, unsuccessful reign", says Ben Marlow in The Daily Telegraph. The business "had been brought low by a massive bribery scandal". Eight profit warnings followed, the share price halved in three years and Rolls racked up a £4.6bn annual loss in 2016, the worst in its long history. But now, "after a long, painful struggle", East appears to be winning the fight to turn the firm around.

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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.