CEO says most of the cuts will take place in the civil aerospace business.
Must be concluded by the end of this year, or Prime Minister Johnson threatens to walk.
Needs to complete a deal with the EU first and foremost, but a deal with Canada should be its second priority.
The European Union insists there can be no trade deal if Britain undercuts bloc regulations.
Britain still bound by the continent’s sweeping free trade deal with Canada on goods and services.
Last of the “Five Eyes” intelligence allies to decide the companies that will provide the equipment for its 5G network.
UK has traditionally been Canada’s second-largest export market after the United States.
Also has to be approved by Parliament’s upper chamber.
Johnson’s Conservatives won an 80-strong majority in Parliament in last week’s general election.
Farage said the party has to contest the seats to keep pressure on Johnson.
Rescue deal potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the EU.
The central bank appears to be waiting for more clarity over Britain’s departure from the European Union.
Firm’s pharmaceutical business, Spectrum Therapeutics, has made strides in the UK and Luxembourg.
Johnson has been forced to ask the EU for a three-month delay to Britain’s departure date.
PM Boris Johnson needs all the support he can get to push any Brexit deal past the deeply divided Parliament.