1. Rolls-Royce committed to sustainable fuels
SAF, made using by-products like cooking oil and agricultural waste, emits 70% less than conventional fuel, according to the government, and has been earmarked to largely help the sector achieve its 2050 ‘jet zero’ target.
2. Brokers go big on beer
The analysts believe that beer as a category remains strong when the macro-outlook is tougher, with sales volumes during the global financial crisis only dipping by 1%.
3. Royal Mail raises first-class stamps to above £1
Letter volumes have decreased from 20bn a year since 2004/05 to around 8bn per year now, while the number of addresses has risen by 4mln in the same period.
4. FTSE 100 holds its head above water to close out the week
At the close, the FTSE 100 was just about back where it began the day at 7,947 points.
5. Quadrise Fuels’ opportunity is worth more than double the current valuation
The tests were described as a necessary precursor to the commercial-scale vessel trials.