Tim Cook

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

Apple’s chief government Tim Prepare dinner met Theresa Might at Downing Road and mentioned he thought the UK can be “simply wonderful”‘ 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 mentioned US companies had been delaying UK funding choices.

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

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

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

‘Bumps in street’

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

“Sure there can be bumps within the street alongside the best way however the UK’s going to be wonderful.”

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

Apple’s new UK headquarters can be within the redeveloped Battersea Energy Station. Final 12 months the corporate mentioned it could transfer 1,600 employees there in 2021.

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

‘Vested stakeholders’

Earlier the US Chamber of Commerce’s Mr Good informed 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 will see how that performs out over the subsequent 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 smart.

“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 will pull again from Europe, however they will realign their investments, relying on how these negotiations go.”