Royal Dutch Shell is cutting 6,500 jobs and is to reduce capital spending by 20 per cent this year, as the oil company takes dramatic action in response to the plunge in oil prices.
Royal Bank of Scotland holds its annual general meeting at its Edinburgh headquarters. Photograph: Ken Jack/Demotix/Corbis. Jill Treanor.
John Allan CBE is chair of London First and a founding signatory of the airport expansion campaign group Let Britain Fly. www.letbritainfly.
Aircraft engine manufacturer Rolls-Royce has posted an 32pc drop in half-year profits, down to �439m, compared with �646m in the same period last year.
Defence group BAE Systems has reported flat profits in the first six months of the year, with underlying earnings of �800m. The FTSE 100-listed business, the second-largest arms group in the world, said on Thursday revenues over the period rose by 11 ...