Ministers fail to refute claims of nationalising Rolls-Royce

Posted on 15 Dec 2015 by Victoria Fitzgerald

A spokeswoman for Downing Street has refused to deny government plans to take back the nuclear submarine arm of Rolls-Royce.

The representative for the Prime Minister was asked about a possible renationalisation following a report in The Financial Times, she responded saying: “Rolls-Royce is a major contributor to our economy. It’s an important supplier to the Government. We will continue to work closely with them.” During the 1970s and 1980s, the manufacturing giant was owned…

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