► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Rolls-Royce’s new chief Warren East has pledged to cut costs and streamline the group’s senior management. Lex’s Robert Armstrong and Giles Wilkes discuss the engine maker’s management failures and how it is going to cope with them.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes