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Rolls-Royce confirms its commitment to the UK

Rolls-Royce has confirmed it will stay in the UK in the wake of Britain's decision to leave the EU.

But, the South Gloucestershire employer, warned any longer term assurances depended on a post-Brexit deal.

The jet and engine maker said the result was not the outcome the company would have chosen", but added it "remains committed" to Britain, where it employs 23,000 people.

The UK's decision will have no immediate impact on our day-to-day business.

The medium and long-term effect will depend upon the relationships that are established between the UK, the EU and the rest of the world over the coming years.

– Rolls-Royce

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Rolls Royce jobs plight raised in Parliament

The MP who represents workers at Rolls Royce in Patchway has raised their plight at Prime Minister's Questions.

Yesterday it was announced that the firm is shedding 2,600 jobs, although it is not yet clear where the axe will fall.

Jack Lopresti, the MP for Filton and Bradley Stoke, asked David Cameron for a meeting with him and representatives to find a way to minimise the impact of the job losses.

The Prime Minister replied that he would do everything he can to champion companies like Rolls Royce.

Here's the exchange:

Filton MP to meet Rolls Royce reps today over job cuts

The MP for Filton and Bradley Stoke, Jack Lopresti, will meet with Rolls Royce representatives in London today after the announcement that the company will be shedding 2,600 jobs.

Jack Lopresti's constituency includes the company's plant in Patchway. It is not yet clear how many losses will be at the South Gloucestershire site. The first cuts could be next year.

An engine hangs in a testing cell at a Rolls-Royce factory Credit: PA

Rolls Royce: We have to respond to economic pressure

"Certainly in the near term, there has been a worsening economic environment in aerospace. We have continued pressure on the defence spending, certainly in western markets, and we have to respond to those pressures.

"We're working decisively and moving quickly with our teams across the world to respond to those pressures, and really make the business stronger for the future."

– Tony Wood, President of Aerospace, Rolls Royce Holdings plc.

Hundreds of jobs at Rolls Royce at risk

Rolls Royce's base at Patchway in South Gloucestershire Credit: ITV News

The aero-engine company Rolls-Royce, which has a large base on the edge of Bristol, has announced that it's shedding more than 2,500 jobs.

The job cuts are likely to be divided between the company's huge plants at Patchway, near Bristol and at Derby in the East Midlands.

Rolls Royce in Bristol told us tonight that it hadn't yet decided exactly how many redundancies there'll be at Patchway, which has a workforce of 3,500.

Most staff work for the Aerospace division which is at the cente of the cuts. A smalller number are in the Marine division, which isn't affected.

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VIDEO: Keeping the Royal Navy fuelled

The Navy and Rolls Royce have been working together to come up with a solution to keep Britain's biggest ever warship refuelled and its crew with fresh food and water while staying out to sea.

A test rig has been set up at Torpoint to make sure the £25million project works before the kit is fitted to the giant aircraft carrier, Queen Elizabeth.

John Andrews has been to have a look:

Rolls Royce sponsor British attempt at land speed record

Bloodhound project director Richard Noble pictured with the Bloodhound supersonic car. Credit: PA

British engine maker Rolls-Royce is to sponsor for the first time a bid to break a world land speed record, it was announced today.

The company is backing the Bristol-based Bloodhound project, which is focused on travelling at over 1,000mph and breaking the world land speed record.

A Rolls-Royce EJ200 jet engine will be used in conjunction with a custom designed hybrid rocket.

Next year the Bloodhound team are hoping to travel to South Africa to break the current land speed record of 763mph. They then will target the 1,000mph barrier.