A Long Time In Finance
The Turning Point: The Necessary Collapse of Rolls-Royce (Part 1)
Published: 5 June 2026 at 06:00 Europe/London
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Episode notes
When Rolls-Royce went bust in February 1971, it was a national disaster. One commentator likened it to discovering "Westminster Abbey had been turned into a brothel". At the root of the failure was an expensive and risky project to build a large jet engine, the RB211, to power one of the revolutionary new widebody jets that were about to take to the skies. In this two part series we look at the question of whether - far from a disaster - the bankruptcy (and the decisions that preceded it) were actually the making of Rolls Royce. In this first part we look at the lead up to the collapse and the project to build the RB211.
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Presented by Jonathan Ford and Neil Collins.
Produced and edited by Lulu Goad for Podot.
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