Rolls Royce continuing with Brexit contingency plans: CEO Warren East

Rolls Royce is focusing its efforts to continue doing business irrespective of the manner Britain departs the EU.

On Friday, Britain’s airplane engine maker Rolls-Royce stated, it was continuing with its contingency plans vis-a-vis Brexit. The development comes midst growing doubts whether British Prime Minister Theresa May’s will be in a position to sail through the parliament.

“This agreement is only a draft,” said Rolls Royce’s Chief Executive Warren East to BBC radio. “There are a lot of steps to go between here and when we are done and we can’t guarantee anything out of this but I do have to be able to guarantee that we can continue doing our business after the 29th of March next year.”

He went on to add, “We are going to continue with our contingency plans and that includes buffer stocks so that we have all the logistical capacity that we need to carry on running our business.”

Advertisements


Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: