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Airbus Warns No-Deal Brexit Would Be 'Absolutely Catastrophic'

A no-deal Brexit would be “absolutely catastrophic”, a boss at Airbus has said, warning future investment in the UK could be under threat.Katherine Bennett, senior vice president at the aerospace firm, also rounded on Brexiteers by insisting “there is no such thing as a managed no-deal”.Her comments were aimed at Tory Leavers who have suggested the economic pain of a no-deal Brexit could be limited by striking bilateral deals with individual EU countries to minimise disruption.Bennett also revealed that the company had spent tens of millions of euros preparing for...

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Published By: huffingtonpost - Sunday, 17 February