IlluMyFi

Noel Quinn and Warren East, as well as Chanel chief Leena Nair among business figures to be honoured

The former chief executives of HSBC and Rolls-Royce have been knighted, as figures from the business world joined sportspeople, entertainers and public servants on the new year honours list.

Noel Quinn, 62, the bank’s chief executive from 2019 until September, received a knighthood for services to finance and net zero. He is credited with revamping HSBC and achieving record profits in 2023, when his pay roughly doubled to £10.6m during the year.

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08.01.25 12:01

by theguardian.com

Rolls-Royce to invest £300m in expansion of Goodwood factory

Luxury carmaker driven to meet demand for bespoke upgrades, after recording third-highest annual sales in 2024

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024.

The investment will extend the luxury carmaker’s manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world’s richest people.

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