Hold your nose: a £1.25bn subsidy for rich Rolls-Royce’s new engine had to happen
The UK government has granted a £1.25 billion subsidy to Rolls‑Royce for the development of its next‑generation engine, a move that underscores the high cost of aerospace innovation. The funding, announced in the chancellor’s budget, reflects the industry’s reliance on state support to remain competitive globally. Critics argue the aid favors a wealthy manufacturer, raising questions about public spending priorities.