13th Jul 2016 06:05
LONDON (Alliance News) - Two of Britain's biggest manufacturers, Airbus Group SE and Rolls-Royce Holding, warned that the UK government needs to quickly secure favourable terms in trade negotiations with Europe to avoid jeopardising investment in the country, the Guardian reported.
Rolls-Royce has held "high-level" talks with ministers about the areas it is keen to resolve after the UK's vote to leave the European Union.
Meanwhile, Tom Williams, chief operating officer of Airbus's commercial planes unit, said at the Farnborough airshow on Tuesday that nothing had changed in the short term, but the company would have to make "big decisions" in three years about investing in Britain.
Airbus employs 15,000 people in Britain.
https://www.theguardian.com/business/2016/jul/12/airbus-rolls-royce-uk-must-secure-beneficial-eu-trade-deal-quickly
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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