Sir Richard Branson has issued a warning today that the UK will be left “near bankrupt” in the event of a hard Brexit.
A Hard #Brexit would 'go a long way to bankrupt' Great Britain, says second referendum supporter Sir Richard Branson.
The multi-billionaire says the PM should 'do what is right,' and tell the British public that 'we will be much worse off,' if we leave Europe. pic.twitter.com/uc4wzijyEV
— Good Morning Britain (@GMB) December 14, 2018
He told the BBC he was “absolutely certain” that leaving the EU without a deal would lead to the closure of “quite a few British businesses”.
He further said that Theresa May had admitted that her version of Brexit was not as good as staying in the EU. “I think Theresa May needs to be 100% honest with the public. She’s admitted that a hard Brexit would be an absolute disaster for the British people.
“From our Virgin companies’ point of view, a hard Brexit would torpedo some of our companies,” he said, adding that Virgin Holidays would be hit as the pound would drop to parity and not many people would be able to afford to go abroad.
“If British business suffers, British people will suffer, and it’s really really important that people realise that,” he added.