A new £14 million pound state-of-the-art Apprentice Academy was officially opened today by George Osbourne, at Rolls Royce in Derby.
ITV Central will later today attend the opening of the new Rolls-Royce Apprentice Academy in Derby.
Derby-based Rolls Royce has won a contract worth £1.6 billion to supply engines to Singapore Airlines.
Workers at risk of losing their jobs at a Rolls-Royce site near Coventry have been offered potential opportunities at a nearby engineering firm. Alstom in Rugby wants to recruit at least 50 engineers, scientists and project managers.
Rolls-Royce announced earlier this month it was planning to reduce its workforce at its plant in Ansty.
Unions claim nearly 400 jobs could be at risk.
Rolls-Royce will make nearly 400 job cuts with a large number of them going at their plant at Ansty, near Coventry, according to reports.
The union Unite claim the factory is to close in the future.
Derby-based Rolls Royce has said it has passed information to the Serious Fraud Office (SFO) over concerns of bribery and corruption.
The request for information from the SFO comes after allegations of malpractice in Indonesia and China.
Rolls Royce has their own investigations have identified "matters of concern in these, and other overseas markets".
The company added that "it is too early to predict the outcomes, but these could include the prosecution of individuals and of the company. We will cooperate fully."
– John Rishton, Rolls-Royce Chief Executive
“I want to make it crystal clear that neither I nor the Board will tolerate improper business conduct of any sort and will take all necessary action to ensure compliance. This is a company with exceptional prospects and I will not accept any behaviour that undermines its future success”.
Pupils from Gayton Junior primary school in Littleover in Derbyshire have been shown the Airbus A380 and the new Rolls-Royce XWB engine, which the airliner is currently testing.
The Rolls-Royce Trent XWB engine which is being tested on the Airbus A380 but will be fitted to the new A350 aircraft, which is due to go into service from next year.
The founder of Rolls-Royce, Sir Henry Royce, was today honoured with a plaque at his former home in Derbyshire.
Rolls-Royce is now an international company and employs more than 40,000 people around the world including 11,000 still in Derby.
Michael Sibert reports from Quarndon House in Derby.
The founder of Rolls-Royce, Sir Henry Royce, has had a plaque unveiled at his former house.
He lived in Quarndon House in Derby after moving his factory from Manchester in 1907.
Sir Henry Royce modified his car engine to be used in aeroplanes during the first world war.
A new £14 million state-of-the-art training centre has opened at Rolls-Royce in Derby, where apprentices will gain hands-on engineering skills.
The Chancellor George Osborne offically opened the Apprentice Academy. He told Central Tonight's Rajiv Popat that more money will be spent on apprenticeships, which he believes will help boost the economy.
The Chancellor George Osborne will today open the new Rolls Royce Apprentice Academy in Derby.
The company say the academy will create jobs for young people in the Midlands in a number of sectors.
These include the supply chain for the company as well as in other manufacturing businesses.