Airbus says activating Brexit contingency plans as UK strategy 'unravelling
Updated : July 18, 2018 08:16 PM IST
Britain is due to leave the EU in less than nine months, but there is little clarity over its future relationship with the world’s biggest trading bloc, creating a headache for companies that rely on the smooth flow of goods and parts across borders.
Airbus, which employs 15,000 people in Britain, has issued a series of warnings about the dangers of the country quitting the EU without an agreed deal, saying this month that could halt output at its plants and leave aircraft grounded.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more