CBI comments on announcement by BAE Systems
The CBI today (Tuesday) commented on an announcement of potential job losses by BAE Systems
Dr Neil Bentley, CBI Deputy Director-General said:
"Job losses on this scale would clearly be a blow to UK manufacturing, and for the individuals concerned and their families.
"With tighter government defence budgets both at home and abroad, the competitive pressure on companies is fierce.
"This announcement highlights why the Government must publish its Defence White Paper at the earliest opportunity. It needs to set out how it will work with industry, so all companies across the defence supply chain can plan with confidence and choose to invest here."
Notes to Editors:
The CBI is the UK's leading business organisation, speaking for some 240,000 businesses that together employ around a third of the private sector workforce. With offices across the UK as well as representation in Brussels, Washington, Beijing and Delhi, the CBI communicates the British business voice around the world.
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