Rolls-Royce is nearing a UK taxpayer subsidy deal to develop a new engine. Government cost-sharing lowers the private funding burden on a long-cycle program, and that is the part of the story that mat

What happened: Rolls-Royce is nearing a deal for UK taxpayer support to develop a new engine for short-haul aircraft. Key numbers: State backing of up to £200mn. Why it matters: The company hopes the subsidy will help fund development of the engine, with the deal close to being agreed.

Rolls-Royce nearing UK taxpayer subsidy deal for new engine development.

Rolls-Royce nearing UK taxpayer subsidy deal for new engine development. — impact context not separately stored; see What changed.