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Airbus warning for UK

The European aerospace and defence company, Airbus, has declared that it will reconsider investment in the UK, in the event of Britain leaving the European Union.       
   
Paul Kahn, president of  the 16,000-employee Airbus UK, said Britain must compete for international investment. 
   
Earlier, Chancellor George Osborne said he wants the UK to remain in Europe, but not run by Europe.
    
Prime Minister David Cameron has promised a referendum on the UK's EU membership by the end of  2017, and the matter has been rising up the political and business agenda.


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