Following the lowering of its ratings by US bank Morgan Stanley, Rolls-Royce shares have fallen 2.8%. Analysts at Morgan Stanley cut the firm’s rating to a neutral “equal-weight” assessment citing the reason being that Rolls-Royce’s weaker underlying cash flow was likely to continue for the coming months – due to ongoing issues with its Trent 1,000 engine. Earlier this month, Rolls-Royce announced a longer timeline for a final fix to the improved high-pressure turbine (HPT) blade for Trent 1000 TEN engines until 2021. The group reported that premature blade deterioration continued to cause Boeing 787 operators “significant disruption”. It was

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