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Aerospace industry braces for Brexit

The government has announced £125 million in funding for aircraft technologies, but the aerospace trade body ADS has warned that the UK’s priority must be to secure an exit deal with the European Union.

Paul Everitt, chief executive of ADS, which represents the aerospace, defence, security and space industries in the UK, said a no-deal Brexit would cause “significant short-term disruption and leave UK aerospace at a competitive disadvantage”.

“The government must make securing a good deal its top priority, as transport disruption, border delays and a cash flow crisis threaten too many businesses if the country leaves the EU without a deal,” he said on 27 August.

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