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BMW tells UK Rolls Royce workers of EU benefits BMW tells UK Rolls-Royce car workers of 'benefit' of EU
(about 2 hours later)
UK car workers at Rolls Royce have been sent an email from its German parent company BMW, highlighting what it sees as the risks of a vote to leave the EU. UK car workers at Rolls-Royce have been sent an email from its German parent company BMW, highlighting what it sees as the risks of a vote to leave the EU.
While stressing the decision is ultimately a matter for the British public, it highlights the "significant benefit" the company derives from the easy movement of people within the EU.While stressing the decision is ultimately a matter for the British public, it highlights the "significant benefit" the company derives from the easy movement of people within the EU.
Without that, it says the employment base of the company could be affected.Without that, it says the employment base of the company could be affected.
A referendum on whether the UK should stay in the EU will be held on 23 June.A referendum on whether the UK should stay in the EU will be held on 23 June.
The BBC's business editor, Simon Jack, said this kind of communication directly to workers would repose a question that was raised in the Scottish referendum as to whether it was appropriate for companies who don't have a vote, but do have a voice, to get involved in politics. BMW's email - produced in full below - said the movement of people between the UK and Europe "allows the rapid transfer of expert knowledge throughout the Rolls-Royce Motor Cars and BMW Group networks, building the skill level of our UK workforce".
Around a third of the bosses of the top 100 UK-listed companies - 36 - have come out and said they are in favour of staying within the European Union. The rest have refused to share their opinions on the matter. It adds: "Free trade is important for international business.
"Tariff barriers would mean higher costs and higher prices and we cannot assume that the UK would be granted free trade with Europe from outside the EU."
BBC business editor Simon Jack said the email would repose a question that was raised in the Scottish referendum as to whether it was appropriate for companies who do not have a vote, but do have a voice, to get involved in politics.
'Tough choice'
Elsewhere, the British Chambers of Commerce (BCC) has called the EU referendum "a choice between the devil and the deep blue sea".
John Longworth, the BCC's director general said the organisation would be surveying its members so their views could inform the debate ahead of the vote.
He will tell the BCC's annual conference in London: "The people of our country now face a choice, between staying in what is essentially an unreformed European Union, with the eurozone moving off in another direction and with Britain sitting on the margins, or leaving the European Union, with all the near-term uncertainty and disruption that this will cause.
"Undoubtedly a tough choice. You might say, a choice between the devil and the deep blue sea."
FTSE 100 bosses
Thirty-six of the bosses of the top 100 UK-listed companies have come out and said they are in favour of staying within the European Union.
The rest have refused to share their opinions on the matter.
Leaving the European Union would threaten jobs and put the UK's economy at risk, leaders of some of Britain's biggest companies said.Leaving the European Union would threaten jobs and put the UK's economy at risk, leaders of some of Britain's biggest companies said.
The company chiefs - including those of BT, Marks & Spencer and Vodafone - signed a letter published in the Times, saying an EU exit would deter investment in the UK.The company chiefs - including those of BT, Marks & Spencer and Vodafone - signed a letter published in the Times, saying an EU exit would deter investment in the UK.
Leave campaigners pointed out that two-thirds of FTSE 100 firms, including Tesco and Sainsbury, did not back the letter.Leave campaigners pointed out that two-thirds of FTSE 100 firms, including Tesco and Sainsbury, did not back the letter.
The BMW letter to Rolls-Royce workersThe BMW letter to Rolls-Royce workers
Dear colleagues,Dear colleagues,
As the debate around the referendum to decide the future of the UK's European Union membership increases, it is an appropriate time to outline the Rolls-Royce Motor Cars and BMW Group position.As the debate around the referendum to decide the future of the UK's European Union membership increases, it is an appropriate time to outline the Rolls-Royce Motor Cars and BMW Group position.
The decision on whether to stay in the EU or not is for British voters to decide on in June. However, as a wholly-owned BMW Group company, it is important for all Rolls-Royce Motor Cars employees to understand the view of our parent company. The BMW Group believes that the UK is better as a member of the EU than it would be outside it. You will see in the media this week an open letter supporting the campaign to stay in the EU, signed by around 200 business leaders, including Member of the AG Board, Ian Robertson.The decision on whether to stay in the EU or not is for British voters to decide on in June. However, as a wholly-owned BMW Group company, it is important for all Rolls-Royce Motor Cars employees to understand the view of our parent company. The BMW Group believes that the UK is better as a member of the EU than it would be outside it. You will see in the media this week an open letter supporting the campaign to stay in the EU, signed by around 200 business leaders, including Member of the AG Board, Ian Robertson.
Free trade is important for international business. Rolls-Royce Motor Cars exports motor cars throughout the EU and imports a significant number of parts through the region. For BMW Group, more than half of MINIs built and virtually all the engines and components made in the UK are exported to the EU, with over 150,000 new cars and many hundreds of thousands of parts imported from Europe each year. Tariff barriers would mean higher costs and higher prices and we cannot assume that the UK would be granted free trade with Europe from outside the EU.Free trade is important for international business. Rolls-Royce Motor Cars exports motor cars throughout the EU and imports a significant number of parts through the region. For BMW Group, more than half of MINIs built and virtually all the engines and components made in the UK are exported to the EU, with over 150,000 new cars and many hundreds of thousands of parts imported from Europe each year. Tariff barriers would mean higher costs and higher prices and we cannot assume that the UK would be granted free trade with Europe from outside the EU.
When it comes to regulation, whether the UK remains inside the EU or leaves it, with Europe as the UK's largest export market by far, we would have to abide by European rules and regulations in any case. We believe it's much better to be sat at the table when regulations are set and have a hand in their creation, rather than simply having to accept them.When it comes to regulation, whether the UK remains inside the EU or leaves it, with Europe as the UK's largest export market by far, we would have to abide by European rules and regulations in any case. We believe it's much better to be sat at the table when regulations are set and have a hand in their creation, rather than simply having to accept them.
Finally, we get a significant benefit from the easy movement of our people between the UK and Europe. This allows the rapid transfer of expert knowledge throughout the Rolls-Royce Motor Cars and BMW Group networks, building the skill level of our UK workforce. Our employment base could also be affected, with skilled men and women from most EU countries included in the 30 nationalities currently represented at the Home of Rolls-Royce here at Goodwood.Finally, we get a significant benefit from the easy movement of our people between the UK and Europe. This allows the rapid transfer of expert knowledge throughout the Rolls-Royce Motor Cars and BMW Group networks, building the skill level of our UK workforce. Our employment base could also be affected, with skilled men and women from most EU countries included in the 30 nationalities currently represented at the Home of Rolls-Royce here at Goodwood.
The debate around this subject will undoubtedly continue to build as we near the UK referendum on 23 June 2016.The debate around this subject will undoubtedly continue to build as we near the UK referendum on 23 June 2016.