Friday, June 22, 2018

Air Bus

Air Bus says they want to quit the UK because of Brexit

Well first of all they are led by Remainers and supported by the EU but lets look at the financial implication if they left:

1)   14,000 workers would lose their jobs so the company would have to be paid redundancy, which at the very least would cost £14 million
2)    They would have to pay of off those firms who are subsidiary who I expect under contract
3)   Would they be able to sell of their empty factories Doubtful
4)   They would have to pay to retrain new staff in foreign country
5)   They would have to purchase new factories if they are available If not they will have to build them at considerable cost
6)   There would be a massive cost in moving machinery or purchasing new machinery
7)   Would they close GB Factories before they have established new Factories abroad if so there would be a massive period with no income or would they continue using UK why building in abroad
This would cost billion and if you were Share Holders would you be happy

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