Sir David Davis voices concern over BAE merger
Sir David Davis has voiced fears that the planned £30 billion merger of BAE Systems and competitor EADS posed “real questions of both short and long term threats to British jobs.”
Mr Davis said: “Even if EADS was willing to give undertakings as to preserving these jobs, we know from past experience of such mergers these never last in the long run.”
The proposed merger would also have implications for Britain’s national security. Mr Davis warned it would involve “losing British control of a massively important strategic British asset.”