[Ignitionnet]

http://www.telegraph.co.uk/finance/e...-GE-chief.html

The head of GE, the $254bn (£167bn) industrial giant which employs 17,000 people in the UK, has said that it does not matter if the UK remains in the European Union.

Jeff Immelt, chairman and chief executive of the US behemoth, said the UK was an “export country” and that “good relationships around the world” are more important than its place in Europe.

Mr Immelt explained that Europe would never be a “perfectly homogeneous common market” in his lifetime due to the differences between the member countries.

Of the UK’s place in Europe, he said: “As a global investor, it really doesn’t matter. We have a big presence here and we’re a big exporter from here. So it’s important the UK has good relationships around the world, but I don’t really think that its place in the European Union makes that much difference.”