{"id":2758,"date":"2025-04-05T03:35:08","date_gmt":"2025-04-05T03:35:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/2758\/"},"modified":"2025-04-05T03:35:08","modified_gmt":"2025-04-05T03:35:08","slug":"rolls-royce-backs-brexit-britain-with-3bn-mega-engine-investment-to-power-40000-new-jobs-uk-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/2758\/","title":{"rendered":"Rolls-Royce backs Brexit Britain with \u00a33bn mega engine investment to power 40,000 new jobs | UK | News"},"content":{"rendered":"

Rolls-Royce<\/a> is reportedly set to invest \u00a33 billion in the development of a new engine for next-generation narrow-body aircraft, mainly used for short-haul flights, with the aim of creating and supporting 40,000 jobs in the UK. The British engineering company has informed senior government officials that the project could be a once-in-a-generation opportunity.<\/p>\n

As part of the initiative, Rolls-Royce is requesting state subsidies to help fund the development of a fully certified engine ready for production, the Financial Times<\/a> reports. The company claims that the project has the potential to generate 40,000 skilled jobs, both within Rolls-Royce and across the broader supply chain, and could contribute up to \u00a3120 billion to the UK economy over the course of the programme.<\/p>\n

While it\u2019s unclear how much of the estimated \u00a33bn cost Rolls-Royce is seeking from the government, sources familiar with the matter indicate that the company is prepared to make a significant investment itself. In the past, it has received research and development funding from the government, along with launch support for previous engines, including its Trent XWB.<\/p>\n

Labour\u2019s new industrial strategy, set to be published this summer, has prioritised advanced manufacturing – Rolls-Royce believes it should be at the top of the list for any governmental support.<\/p>\n

Currently, Rolls-Royce builds engines that exclusively power widebody aircraft that serve international routes such as Airbus A350 jets and Boeing\u2019s 787 but left the narrow-body market more than a decade ago when it pulled out of a joint venture with Pratt & Whitney of the US.<\/p>\n

Narrow-body aircraft are the workhorses of many airlines, predominantly used on short-haul routes.<\/p>\n

The company has invested more than \u00a3500m on a demonstrator of its new UltraFan engine which aims to be 25% more efficient than Rolls-Royce\u2019s first Trent engines. Last year, the group announced it had begun work on a \u201cscaled-down\u201d version of the UltraFan which would be designed to power narrow-body aircraft.<\/p>\n

At the same time, Airbus and Boeing have been developing new designs for narrow-body planes. The former claims to be in talks with all engine makers.<\/p>\n","protected":false},"excerpt":{"rendered":"Rolls-Royce is reportedly set to invest \u00a33 billion in the development of a new engine for next-generation narrow-body…\n","protected":false},"author":2,"featured_media":2759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[51,1680,1678,1679,16,1681,15],"class_list":{"0":"post-2758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-narrow-body-aircraft-engines","10":"tag-rolls-royce","11":"tag-u00a33-billion-investment","12":"tag-uk","13":"tag-uk-job-creation","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114283264352697595","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/2758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=2758"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/2758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/2759"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=2758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=2758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=2758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}