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Rolls-Royce set to reveal £2bn write-down as sterling's plunge weighs
Sterling’s plunge in the wake of the Brexit vote will mean Rolls-Royce will take a near-£2bn write-down. The FTSE 100 company’s half-year results are set to show a huge charge against the value of the company’s $29bn hedge book, Which Rolls uses to protect itself against currency fluctuations in the…
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Click here to read the full story: The Telegraph