Economics

Siemens, Airbus Warn Brexit Would Put Jobs at Risk as Vote Looms

  • Business chiefs signal damage to future investment and jobs
  • TUC warns of 38-pound hit to weekly wages if U.K. leaves EU

A scale model of a plane is prepared for testing in the Airbus Filton's low speed wind tunnel facility.

Photographer: Matt Cardy/Getty Images
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Bosses of Siemens AG, Airbus Group SE and GKN Plc will issue a warning that a vote to leave the European Union later this month would endanger future investment and manufacturing jobs, as the “Remain” campaign steps up efforts to show how a so-called Brexit would hurt ordinary workers.

Quitting the EU would put at risk more than 107,000 manufacturing jobs that the Centre for Economics and Business Research projects will be created by 2030 because of a deepening of the 28-nation bloc’s single market, the Britain Stronger in Europe campaign said in an e-mailed statement.