Warning over BAE Systems merger

The proposed merger between BAE Systems and European aircraft manufacturer EADS could cost UK jobs and upset Britain's defence relationship with the United States, a Conservative MP has warned.

Ben Wallace called for caution over the deal, warning that EADS, which is part-owned by the French and German states, may be making a "grab" for BAE's multi-billion pound American business while planning to make any cuts to the merged company's workforce in Britain.
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