The European Investment Bank (EIB) has officially agreed to support the research and development of Rolls-Royce aero engines through a £280 million long-term loan. This loan is the largest ever given by the EIB to Rolls-Royce for investment in research and development. The loan supports the development of the higher thrust version of the Trent XWB aero-engine. The seven-year EIB loan is one of the largest ever agreed between the European Investment Bank and a UK company. The EIB has provided more than £723 million for investment by Rolls-Royce in the UK in the last decade, as well as supporting
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