The flexible component decreases if their firm performs less well, which it has done for most bankers over the past few years.

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Although Mr Peruvemba says his firm has started manufacturing displays with flexible backplanes in-house, its many partners are also busy researching ways to make electronic paper as flexible as the real thing.

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Treasury ministers want to stand firm on the principle but be flexible on the practice - examining ideas to roll over unused tax relief from one year to the next or allowing tax free lifetime legacies.

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Company spokesman Oscar Suris said Martens' departure would not affect Ford's product pipeline, nor the firm's desire to build products in flexible manufacturing facilities.

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One reason is cost, says Abhigyan Sengupta, an analyst with consultancy firm MarketsAndMarkets, which recently published a global study on flexible displays.

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Among them is South Korean firm LG Displays, which has just begun mass-producing fully flexible e-ink screens.

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The firm's homegrown, flagship product is Flexcube, an acronym for flexible and comprehensive universal banking environment.

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Momentum is a recruiting firm that places people in full-time, part-time and flexible careers.

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The firm said that its research and development investment would focus on developing smartphone software and next generation flexible and transparent display panels.

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