Jan 9, 2017

Rolls-Royce Motor to stay in UK despite Brexit

Luxury carmaker had warned about possible consequences for workers of a Leave vote

Rolls-Royce Motor says it will keep its headquarters in the UK and continue investing in the country, with the luxury carmaker reporting a rise in annual sales spurred by a double-digit increase in its home market.

"Success for Rolls-Royce is success for Great Britain and we reaffirm our commitment to maintaining the home of Rolls-Royce in the UK," said Torsten Müller-Otvös, chief executive of the company, adding that it was "a true Great British manufacturing success story".

Ahead of the Brexit referendum last year, Mr Müller-Ötvös wrote to his workers warning about the costs of leaving the EU and the possible consequence for the company's "employment base".

Rolls-Royce Motor Cars, which is owned by BMW, manufactures vehicles in Goodwood, West Sussex, where just over 100 jobs were added last year. It also runs a facility in Bognor Regis that it said on Monday would be extended this year "to meet growing demand and in readiness for future models".


Financial Times
by: Jennifer Thompson in London