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Rolls-Royce spends £100m on no-deal Brexit planning

Sylvia Pfeifer in London

Rolls-Royce has revealed it has spent £100m preparing for a no-deal Brexit as the aero-engine group announced a further charge on its troubled Trent 1000 programme. Warren East, chief executive, said the FTSE 100 group had spent the extra funds building up inventory and arranging logistics in case of