The British industry received a significant boost after Airbus chief Guillaume Faury said the company had “turned the page” in its opposition to Brexit and vowed to keep production of airfoils in the UK.
The Toulouse-based aircraft manufacturer has issued dire warnings about the potential consequences of leaving the European Union, raising fears for the future of a factory in Broughton, North Wales, where nearly 5,000 people build wings.
But yesterday, Faury, speaking to London-based UK Aviation Club executives, said he would remain in Wales and be heavily dependent on British engine maker Rolls-Royce.
Airbus said it would continue to build all of its wings in Wales, adding that it was heavily dependent on British engine manufacturer Rolls-Royce.
“We are not going to change that,” he said. He is known to have subsequently met with Prime Minister Liz Truss and Business Secretary Jacob Rees-Mogg.
The source said: “This is all part of this government’s mission to attract investment and opportunities for the country, boost growth and create new and better jobs.”
Truss has made growth the top of her agenda, but yesterday’s GDP data showed the economy contracted in August.
Separate data this week showed unemployment at its lowest level in nearly 50 years.
Airbus employs around 11,000 people in the UK at over 20 sites. Over 86,000 additional supply chain jobs depend on its operations, which generate over £4bn in annual turnover in the UK.
In 2019, Airbus called the Brexit decision a “shame” and warned it could pull out of the UK.
Chief Executive Tom Enders then said: “Please don’t listen to the madness of the Brexiteers who claim that because we have huge factories here, we won’t move and will always be here.”
.They are wrong.’
Credit: www.thisismoney.co.uk /