It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Rolls Royce report brutal losses
Manage episode 287116252 series 2857298
Content provided by Adrian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adrian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In today's episode Adrian Lawrence our in-house financial expert talks about Rolls Royce who have reported a £4billion loss today compared to £583m profit in the previous year. Their results are brutal but that does reflect that their model is to charge for the hours their engines are running rather than for sales of engines. The impact of the worldwide pandemic has very badly impacted on their model. The company is reducing its workforce by 7,000 people and is in discussions to sell some of its subsidiaries.
The positive news is that with the roll out of vaccines worldwide the worse is behind the company, but it will be later in 2021 before the world of international travel returns closer to normal.
To learn more about Reporting Accounts and how we have information and insights covering more than 4.8 million UK companies please visit our website at https://www.reportingaccounts.com
48 episoade
Distribuie
Manage episode 287116252 series 2857298
Content provided by Adrian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adrian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In today's episode Adrian Lawrence our in-house financial expert talks about Rolls Royce who have reported a £4billion loss today compared to £583m profit in the previous year. Their results are brutal but that does reflect that their model is to charge for the hours their engines are running rather than for sales of engines. The impact of the worldwide pandemic has very badly impacted on their model. The company is reducing its workforce by 7,000 people and is in discussions to sell some of its subsidiaries.
The positive news is that with the roll out of vaccines worldwide the worse is behind the company, but it will be later in 2021 before the world of international travel returns closer to normal.
To learn more about Reporting Accounts and how we have information and insights covering more than 4.8 million UK companies please visit our website at https://www.reportingaccounts.com
48 episoade
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Similar cu Adrian Lawrence Podcast
It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
…
continue reading
A bootstrappers podcast for founders, entrepreneurs, visionaries and dreamers who are building businesses from the ground up without the taking on debt or selling equity. Here we cover marketing, sales, organization and mindset issues that matter to you
…
continue reading
The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.
…
continue reading
The Tai Lopez podcast brings you the best business education straight from the world's top entrepreneurs. I will also review the best books in health, wealth, love and happiness that will help you achieve your maximum potential and live the best life possible.
…
continue reading
Evan Davis hosts the business conversation show with insights from the people at the top.
…
continue reading
The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
…
continue reading
The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
…
continue reading
Wharton faculty and industry leaders discuss their latest research, books, and relevant business topics. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe
…
continue reading
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