London Stock Exchange and Airbus

overwhelming majority: In a letter signed by six senior Airbus executives, the company said: We simply don’t know what ‘out’ looks like, according to The Guardian. The aerospace giant letter came as a survey of Lloyd insurance workers found an overwhelming majority believe a British exit would be bad for the country £60bn insurance industry, and the chief executive of the London Stock Exchange gave vocal support for the EU. Related:Boeing to cut 4,000 jobs as battle with Airbus continues The Airbus letter, whose signatories include the firm UK president, Paul Kahn, said senior staff firmly believe that it makes good economic sense to stay inside the EU . The letter said: Should the British electorate have a different view then clearly we wouldn’t cease our activities in the UK, which are highly important and very prominent. But it said a vote to leave could make it rethink future decisions about where to invest the group money. However, our business model is entirely based on our ability to move products, people and ideas around Europe without any restriction and we do not believe leaving will increase the competitiveness of our British-based operations. Airbus UK designs and engineers wings for aircraft, including the giant A380 superjumbo , at a facility in Filton, south Gloucestershire. We all need to keep in the back of our minds that future investments depend very much on the economic environment in which the company operates. (news.financializer.com). As reported in the news.

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