Rolls Considers Stockpiling Parts Amid May's Brexit Wobbles
Rolls-Royce Holdings Plc Chief Executive Officer Warren East warned the aircraft enginemaker may soon need to start stockpiling parts after Prime Minister Theresa May backpedaled on her latest customs proposals as part of her Brexit blueprint. If there’s no clarity on trading arrangements, the London-based company will decide on building a “buffer” of parts to sustain production in the fourth quarter, East said at the U.K.’s biennial Farnborough Air Show. Rolls-Royce is meeting with suppliers to help advise on how to manage the divorce from the bloc.