Airbus CEO warns it could move in event of no-deal Brexit

Source: The Associated Press

By DANICA KIRKA and JILL LAWLESS

2 hours ago

LONDON (AP) — The chief executive of Airbus warned Thursday that the aviation giant could move its U.K. operations out of Britain if the country leaves the European Union without a deal on trade relations, in one of the starkest assessments yet of the economic impact of a “no-deal” Brexit.

CEO Tom Enders said Brexit threatened to destroy a century of development in the Britain’s world-leading aviation industry.

Business leaders have expressed growing frustration at the lack of progress in securing a Brexit deal before Britain’s scheduled March 29 exit from the bloc. Last week British lawmakers threw out the divorce deal Prime Minister Theresa May had struck with the EU, and attempts to find a replacement are gridlocked.

U.K. firms are bracing for disruption amid fears that a “no-deal” Brexit will cause economic chaos by eliminating trade agreements and imposing tariffs, customs checks and other barriers between the U.K. and the EU, its biggest trading partner.


Read more: https://apnews.com/3f7e3c8d5e4d4385b0b4e1227bdb07fd

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Hey, May, there are 14,000 jobs tied to this one company in your country.................do you and your "Tory" fascist party get it yet.....................this is one of the industries that make's your country strong......................not making clothes in some rural countryside town.......................