The managing director of Siemens UK, which employs 13,000 people across the country, has warned that his company would stop investing in factories in the UK if it was not part of the EU. He added that leaving the EU would be “disastrous” for British manufacturers.
This follows a poll last month which found that eight out of ten manufacturers want to remain in the EU.
Siemens employs hundreds of people in Greater London at its Hayes, Heathrow Airport and the Docklands sites.
In total, investment from EU companies has created and safeguarded nearly 19,000 jobs in London since 2003.
Liberal Democrat MEP for London Sarah Ludford commented: