Nearly three hundred jobs are at risk at a firm in Stockport after the UK’s number one British Gas smart meter supplier is feeling the Brexit pinch.
The Swiss company Landis+Gyr have warned the jobs will go at their Stockport Site citing a 20 per cent increase in product costs – in part due to the weak pound against the Euro post Brexit.
Landis+Gyr are now proposing to move the manufacture of gas smart meters bound for British homes to Europe and Asia.
Shaun Buckley, GMB Organiser, said:
“The decision to move manufacturing abroad is catastrophic news for GMB members at Landis+Gyr – and their families – in Stockport.
“It is another example of pressures companies are facing due to the uncertainty of Brexit.
“GMB will be working tirelessly to secure the best possible deal for affected members during consultation.”