Airbus threatens to leave the United Kingdom because of uncertainty over Brexit

Brexit news- Andrea Jenkins and Guy Verhofstadt

Jones said: "Time and time again the government has been shown to listen only to hardline pro-Brexit MPs and not to the businesses that employ thousands of British workers, including Airbus".

The company, which employs 14,000 people at 25 sites across the country, said it would "reconsider its investments in the United Kingdom, and its long-term footprint in the country" if Britain crashed out of the single market and customs union without a transition agreement.

Mr Javid said: 'Publishing details of how we will administer our settled status scheme shows we are honouring commitments made towards European Union citizens living in the UK. It reportedly warned Theresa May of its Brexit preparations three weeks ago.

Applications will be made online, and the system will begin to go public in stages at the end of this summer, with a wider rollout by Christmas and then a full rollout by March 2019, when the United Kingdom formally leaves the EU.

Speaking at a private dinner for Tory donors, Mr Johnson was recorded saying there was now a high chance that Mrs May would cross her own Brexit red lines and leave the United Kingdom "locked in orbit around the EU in the customs union and to a large extent still in the single market".

If there was no extension it would "carefully monitor any new investments in the United Kingdom and refrain from extending the United Kingdom suppliers/partners base", it said.

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Tom Williams. chief operating officer of Airbus Commercial Aircraft, said: "In any scenario, Brexit has severe negative consequences for the United Kingdom aerospace industry and Airbus in particular". But he said the United Kingdom had confounded sceptics who believe the country's history would "end in decline" after the Second World War and could do so again.

Shadow Brexit Secretary Sir Keir Starmer hit out on Twitter, saying: 'If proof was needed that the PM's Brexit red lines need to be abandoned (and fast), this is it'. Far from 'Project Fear', this is a dawning reality for Airbus. We have sought to highlight our concerns over the past 12 months, without success.

And even if Britain secures a deal, Airbus is still putting a freeze on new investment in the UK until the details of the UK-EU relationship become clear.

The company is set to abandon plans to build aircraft wings in British factories over concerns that European Union regulations will no longer apply from March 2019 and uncertainty over customs procedures, instead opting to transfer production to North America, China or elsewhere in the EU. This is a wake-up call.

The warnings from Airbus echo comments made on Wednesday by the boss of Siemens in the UK.

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