Tim Cook

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PA

Expertise large Apple is “very optimistic” concerning the UK’s future post-Brexit, its boss has instructed the prime minister.

Apple’s chief govt Tim Prepare dinner met Theresa Might at Downing Avenue and stated he thought the UK can be “simply fantastic”‘ outdoors the European Union.

The corporate plans to construct a brand new UK headquarters in London.

His feedback got here because the US Chamber of Commerce stated US companies had been delaying UK funding selections.

It has 1000’s of members within the US, together with many massive multinationals.

Its head of worldwide affairs, Myron Good, told the BBC companies had been frightened about future commerce guidelines.

He stated they thought there might be new regulatory challenges as soon as the UK was not within the EU.

‘Bumps in highway’

Nevertheless, at his assembly with the prime minister, Mr Prepare dinner stated:”We’re a giant believer within the UK – we predict you will be simply fantastic.

“Sure there can be bumps within the highway alongside the way in which however the UK’s going to be fantastic.”

In a press release following the assembly, Apple stated: “We’re proud that Apple’s innovation and progress now helps almost 300,000 jobs throughout the UK. “

Apple’s new UK headquarters can be within the redeveloped Battersea Energy Station. Final yr the corporate stated it could transfer 1,600 workers there in 2021.

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Mr Prepare dinner described it as an enormous headquarters and stated the corporate was “leaving important area there to develop.”

‘Vested stakeholders’

Earlier the US Chamber of Commerce’s Mr Good instructed BBC Radio 5 dwell’s Wake Up To Cash: “They’re [US firms] frightened about what the transition guidelines are going to appear like.

“They’re frightened about whether or not there are going to be new regulatory challenges, impediments, and so we will see how that performs out over the following two years.

“One additionally expects that the UK-EU can have a commerce settlement. However what we’re saying from Washington is that we will be vested stakeholders, as we’ve got been by way of our companies right here.”

He added: “After all, some corporations are holding again funding to see how this performs out. That is sensible.

“However there isn’t a query that Europe is a vital a part of any firm’s worldwide technique.

“And so it is not that they are going to pull again from Europe, however they’re going to realign their investments, relying on how these negotiations go.”