Just to add to this thread regarding the European Hornet which we commonly find around Suffolk please look at the following link, esp page 3 (no jokey comments please
)
http://www.vespa-crabro.com/hornets.htmTo answer the original post, yes they may take a few of our bees but I wouldn't consider a threat and are quite magnificent to see. A true gentle-ish giant to be admired & respected - not splatted at the first opportunity.
If this thread had been about the Asian Hornet (Vespa Velutina) currently hawking hives in Europe I might be saying something different.
Fortunately the Giant Asian Hornet (Vespa Mandarinia) which will look to gain entry into hives still resides in Asia and hasn't moved into Europe despite lots of photo's being displayed in the media - a hugh 'frightening' looking hornet sells better than the somewhat smaller havoc causing Vespa Velutina.
Now as for wasps.......splat as many of those as you wish but the first line of defence has to be strong colonies kept in hives with no holes and reduced entrances during the waspy period.
Not an expert in this field so don't quote me on any of this without first checking yourself but I did look into a little when the Asian Hornet first made it into the media.