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Founder and C.E.O of Virgin Group Richard Branson has
revealed that the economic effects of Britain’s exit from the EU has
resulted in Virgin Group cancelling a deal worth 3,000 jobs.The
billionaire businessman said the company had made the decision to pull
the plug on “a very big deal” because of the the uncertainty created by
last week’s vote to quit the EU, saying his company may have lost up to a
third of its value.
Appearing on ITV’s
Good Morning Britain, he added: “The pound has collapsed to its lowest
level in 30 years. This country is going to go into recession, two of
the worst days ever. Banks being pounded means they are not going to
lend money.”
Good Morning Britain, he added: “The pound has collapsed to its lowest
level in 30 years. This country is going to go into recession, two of
the worst days ever. Banks being pounded means they are not going to
lend money.”
“We’re not any worse than
anyone else but I suspect we’ve lost a third of our value, which is
dreadful for people in the workplace.”
anyone else but I suspect we’ve lost a third of our value, which is
dreadful for people in the workplace.”
“We were about to do a
very big deal and we cancelled that deal that would have involved 3,000
jobs and that’s happening all over the country.”
very big deal and we cancelled that deal that would have involved 3,000
jobs and that’s happening all over the country.”
“When
Brexiteers told the public that people were exaggerating that there
would be a financial meltdown I think that its been proven that they
were not exaggerating.
Brexiteers told the public that people were exaggerating that there
would be a financial meltdown I think that its been proven that they
were not exaggerating.
“We’re heading
towards disaster and therefore in business if you realise you made a
bad decision you change it. And we’re not saying to overrule it, just
let the same people who voted have another chance and that’s
democratic.”
