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FARNBOROUGH, England (Reuters) - Rolls-Royce could start stockpiling parts in months if it looked like Britain was heading towards a disorderly exit from the European Union, the CEO of the UK engine-maker said, expressing frustration with the lack of clarity on the Brexit process. Britain is due to leave the EU in less than nine months, but there is little clarity over its future relationship with the world’s biggest trading block, creating a headache for companies that rely on the smooth flow of goods and parts across borders.

Rolls-Royce CEO Warren East said the uncertainty meant the company was having to plan for all scenarios, including a disorderly or “no-deal” Brexit, where Britain would crash out of the EU without virgo zodiac sign cufflinks an agreement on future trading relations, Asked by reporters at the Farnborough Airshow whether contingency plans meant Rolls-Royce had needed to stockpile parts, East said: “Not yet, but we might have to.”, He said the point that might have to begin was months away, adding: “Probably in Q4 this year.”..

While UK Prime Minister Theresa May on Thursday published her blueprint for relations with the EU after Brexit, a so-called White Paper, she first needs to win the support of lawmakers for the plan, and then win agreement from the EU. East said the White Paper had been “incrementally positive”, but there were still many unknown factors, and that a vote in the lower house of Parliament on Monday represented a step back. May won a series of votes in the House of Commons, but only after bowing to pressure from Brexit supporters in her party to make amendments to the plans.

“It was very frustrating that having done a few interviews yesterday and talked about how incrementally positive it (the White Paper) was, at least half of it was undone,” East said, “We can’t rely on anything,” he added, Companies with large presences in Britain, such as carmaker Jaguar Land Rover and planemaker Airbus (AIR.PA), which makes the wings virgo zodiac sign cufflinks for all its passenger jets in Britain, have issued warnings about the risk to jobs and investment from Brexit, Airbus said earlier this month its production could stop in the worst case scenario..

One of the major demands of the aviation industry is that Britain retains access to the European Aviation Safety Agency which issues safety approvals for all parts and planes. Rolls, one of the biggest names in British manufacturing, laid out contingency plans in April to ensure there was no interruption in engine deliveries by moving the design approval process for its large jet engines from Britain to Germany. Another part of Rolls’s planning has been to start taking a closer look at its supply chain and in particular the smaller companies, which Rolls’ representatives have been visiting to make sure they are ready to cope with a no-deal Brexit.

WASHINGTON (Reuters) - U.S, industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in the second quarter, But the outlook for the industrial sector is uncertain against the backdrop of escalating trade tensions between the United States and its virgo zodiac sign cufflinks major trade partners, which threaten to disrupt global trade, A strong dollar and shortage of workers also pose a risk to production, with factory surveys suggesting some strain in the supply chain..

“Time will tell if this disruption in foreign trade will slow the overall U.S. economy because manufacturers cannot get what they need to produce goods here for domestic consumption and for exports,” said Chris Rupkey, chief economist at MUFG in New York. The Federal Reserve said on Tuesday industrial production rose 0.6 percent last month after falling 0.5 percent in May. It. accelerated at a 6.0 percent annualized rate in the second quarter after a 2.4 percent growth pace in the first quarter.

Manufacturing output surged 0.8 percent in June after decreasing 1.0 percent in May, A 7.8 percent jump in motor vehicle production buoyed manufacturing output last month, Motor vehicle production declined 8.6 percent in May after a fire at a parts supplier caused a sharp drop in the assembly of trucks, virgo zodiac sign cufflinks Excluding motor vehicles, manufacturing production rose 0.3 percent in June, Manufacturing, which accounts for about 12 percent of the economy, is being supported by a strong domestic and global economy, The data came on the heels of a report on Monday showing retail sales not only rose solidly in June, but were much stronger than previously reported in May..

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