RTHK: Airbus blasts London over Brexit uncertainty

Stevenage Airbus: Boss says no deal may affect jobs | Stevenage, Hitchin, Letchworth, Biggleswade News

Airbus's Enders meanwhile urged Britons not to listen to Brexit supporters who say that multinationals would not leave.

Airbus warned on Thursday it could shift future wing-building out of Britain in the absence of a smooth exit from the European Union, predicting "potentially very harmful decisions" for its British operations in the event of a "no-deal" Brexit.

Enders" comments come on the heels of plans by two firms to relocate global or regional headquarters outside Britain and concerns voiced by business groups over the government's refusal to rule out a "no-deal' Brexit if it can not win parliamentary support for its preferred withdrawal plan.

But Solicitor General Robert Buckland, who represents an area near Dyson's British HQ, said "I'm disappointed to say the least that at this time a company led by a person who advocated Brexit has made a decision to relocate outside of this country".

Amber Rudd, the Work and Pensions Secretary, has demanded that MPs get a free vote on a plan to delay Brexit so that a deal can be struck - and three times refused to rule out leaving her post if PM May did not agree.

The Bank of England has said that, in a worst-case situation, a sudden Brexit with no deal on future relations could lead to a recession.

That said, the fact that the pound is moving on just any positive spin on the Brexit rhetoric goes to show how sentiment has changed over the past two months.

May has ruled out staging a second vote, saying parliament should respect the 2016 referendum when 52 percent of Britain voted to leave the EU.

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A BBC journalist asked him: "For you and your colleagues who are very much in favour of Brexit is your position softening and are there any circumstances under which you could now back the Prime Minister's deal?"

Prime Minister Theresa May is now consulting on a new departure deal with the European Union, after MPs voted down her Withdrawal Agreement.

He added that Ireland, by contrast, would continue to benefit from the EU's trade deals.

The government now has a chance to ensure we leave the European Union and deliver on the promises made to the British people.

International Monetary Fund chief Christine Lagarde also weighed in, telling French radio RTL that a no-deal would be a "catastrophe" which could lead to the "disappearance of entire business sectors" in Britain.

Urging Mrs May to extend Article 50 by three months, Mr McCluskey said: "I can not conceive any prime minister taking us out of Europe with a no-deal".

The analysis also suggested that a no-deal Brexit could lead to a reduction in Irish exports due to lower demand from the United Kingdom, higher tariff and non-tariff barriers, such as checks and paperwork, and exchange rate effects. "But we still have no idea what is really going on here", he said.



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