Posted on 06/28/2016 5:05:32 PM PDT by SoFloFreeper
British entrepreneur Richard Branson today said his Virgin Group had pulled out of a deal involving 3,000 jobs after Britain voted to leave the EU.
In a television interview, the billionaire businessman added that Britain was heading for recession after the pound slumped to its lowest level against the dollar in more than three decades in the immediate aftermath of last Thursday’s referendum result.
(Excerpt) Read more at financialexpress.com ...
Keep in mind, folks, Branson says one of his businesses lost 1/3 of its value due to the Brexit vote. And he still is a billionaire.
And people say TRUMP is an elitist punk? Bull crap.
Wow, I almost liked the guy, globalist stooge.
brits just need to drop their corporate tax rates down below the EU and they’ll be set for business!
Who gives a damned. The British people WANT SOVEREIGNTY!! NO MORE ONE WORLD!! Next get those moslem killing machines OUT of your country.
Absolutely
Oh nooooes, what will England do without the AWESOME Eu?????? It was so great to lose all the borders!
Wussifer.
He’s an admitted socialist. IOW....’competition killer’.
Branson doesn’t even live in England. He lives on some tax haven island
Guys like Branson and Soros have probably been burning up the phone lines to each other on how they can do maximum damage to Britain’s economy in order to convince the British people to demand a “redo” and put on the open-borders, globalist shackles again.
Go to Neckers Island Richard and literally pound sand
Won’t the lower value of the pound increase demand for their goods?
Didn’t the Pound bounce back today?
What a jackass.
And a bad tipper - I have it from a source of the tippee.
I was stationed in England for 3 years in the 1970s plus I’ve visited a couple of other times since. IMHO the pound was always way over priced vs. the dollar.
I mean, take $100 and covert it to pounds, then go out on the street and buy things you need or want. By the time you’ve spent the money, you’d still have about $20-25 left over if you bought the same things in the States. Not just in London either, the same thing would be true in Cambridge or Norwich.
Branson will wait until the deal terms are more favorable to him and renegotiate, making tens of millions more profit in the process. Wealthy people don’t ever actually suffer during times of uncertainty, they only have to leave their yachts to show up to a few more meetings and maybe actually make a phone call or two.
You will see a lot of this. The elites are going to punish Britain.
Also the race between EXIT supporters in many countries and the nascent Superstate is on.
Exactly! What is happening economically is the result of a hissy fit by the globalists not getting their way. To be honest, if there is any legal way to do it in the British Courts, I would seize enough of his assets to cover for the economic impact of him pulling out of a deal he entered while knowing fully that there was going to be a vote about staying in the EU. He gambled. House wins.
Better to pay the price with an extortionist once, rather than forever. He should give the work to some needy folks in Greece. After all, how much does a Grecian Urn?
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