Miliband’s ‘True Face of British Business’ Has Become Banker

The industrialist praised by Labour Party leader Ed Miliband as “the true face of British business” in a speech that said the U.K. needs “not financial engineering, but real engineering” has just become a banker.

John Rose, former chief executive officer of Rolls-Royce Holdings Plc, was appointed last week as deputy chairman of Rothschild Group, which ranks sixth in Europe this year in providing advice on mergers and acquisitions, according to data compiled by Bloomberg.