Rolls-Royce shares drop as corruption investigation revealed
Rolls-Royce was one of the biggest FTSE 100 fallers today after it emerged it was involved in a corruption investigation relating to overseas intermediaries.
Rolls-Royce was one of the biggest FTSE 100 fallers today after it emerged it was involved in a corruption investigation relating to overseas intermediaries.
The aero-engines group spooked investors after it said it had passed information to the Serious Fraud Office on allegations of malpractice in Indonesia and China.
Shares closed 3% or 28.5p lower at 885p but the wider FTSE 100 Index rose 9.3 points to 5901.4 as mining stocks were buoyed by hopes over progress to resolve America's looming fiscal cliff.
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