Tim Cook

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PA

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

Apple’s chief government Tim Cook dinner met Theresa Might at Downing Road and stated he thought the UK could be “simply high-quality”‘ 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 corporations had been delaying UK funding selections.

It has hundreds of members within the US, together with many massive multinationals.

Its head of worldwide affairs, Myron Sensible, told the BBC corporations had been nervous about future commerce guidelines.

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

‘Bumps in highway’

Nonetheless, at his assembly with the prime minister, Mr Cook dinner stated:”We’re a giant believer within the UK – we predict you may be simply high-quality.

“Sure there can be bumps within the highway alongside the best way however the UK’s going to be high-quality.”

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 might transfer 1,600 workers there in 2021.

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Mr Cook dinner described it as an enormous headquarters and stated the corporate was “leaving vital area there to broaden.”

‘Vested stakeholders’

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

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

“One additionally expects that the UK-EU could have a commerce settlement. However what we’re saying from Washington is that we’ll be vested stakeholders, as we’ve been when it comes to our companies right here.”

He added: “In fact, some corporations are holding again funding to see how this performs out. That is smart.

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

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