Tim Cook

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

Apple’s chief govt Tim Cook dinner met Theresa Might at Downing Road and stated he thought the UK could be “simply superb”‘ exterior 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 choices.

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

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

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

‘Bumps in street’

Nonetheless, at his assembly with the prime minister, Mr Cook dinner stated:”We’re an enormous believer within the UK – we expect you may be simply superb.

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

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 might be within the redeveloped Battersea Energy Station. Final 12 months the corporate stated it might transfer 1,600 employees there in 2021.

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

‘Vested stakeholders’

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

“They’re fearful 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 may have a commerce settlement. However what we’re saying from Washington is that we will be vested stakeholders, as we’ve been when it comes to 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 is no such thing as a query that Europe is a crucial a part of any firm’s worldwide technique.

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