Industries at risk – aerospace

Industries at risk – aerospace
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Chief operating officer at Airbus told Treasury Select Committee on January 24, 2017 that company may cut investment in the UK if exit from the EU brings additional costs.

There could be costly duplication of regulations and potentially damaging constraints on movement of employees.

He said UK was entering a dangerous phase where competitors in other countries would seek to profit from any uncertainty or cost burden arising from the UK leaving the EU.

Jobs could go