Wednesday, 29 June 2016

Brexit Lost Virgin A Third Of Its Value As 3000 Jobs Deals IS Scrapped: Richard Branston

On Tuesday, Richard Branston revealed that his businesses have lost a third of their value after Brexit, adding that the decision to leave the EU has cancelled a deal worth 3,000 jobs.



The Virgin founder has called on Parliament to take a second look at the referendum and believes that those who voted Leave did not realize ‘what a mess’ the move would cause.
He claimed Brexit campaigners misled the public over the consequences of leaving and said the UK is ‘heading towards a disaster’ — insisting people deserve the chance to vote again.
Branston, 65, told ITV’s Good Morning Britain today: “I don’t believe the public realised what a mess their vote would cost.”
Speaking to presenters Susanna Reid and DailyMail.com U.S. Editor-at-Large Piers Morgan about his companies, Branston added: ‘We’re not any worse than anybody else, but I suspect we've lost a third of our value which is dreadful for people in the workplace.”
He continued: 'We were about to do a very big deal, we cancelled that deal, that would have involved 3,000 jobs, and that’s happening all over the country.'
Prime Minister David Cameron’s spokesman has said that last Thursday’s vote, which produced a 52-48 majority for Brexit, was ‘decisive’ and that the Government's focus was on delivering on it.
Branston has already warned that the Leave vote has ‘opened a Pandora’s Box of negative consequences’ for Britain.
A petition on the parliamentary website calling for a second referendum has attracted more than 3.9 million signatures, though it was revealed on Sunday that nearly 80,000 names have been struck off after being found to be fraudulent.

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