Top bosses move to back Remain ahead of EU vote

Source: BBC

In an article by the BBC, it’s reported that top bosses including Sir Richard Branson, the Premier League chair and car industry executives have backed Remain ahead of Thursday’s EU vote.

Football:

Premier League chair Richard Scudamore said the 20 clubs in the top tier wanted to remain and that leaving would be “incongruous” in the context of the league’s commitment to “openness”.

Mr Scudamore further stated in a BBC Radio 5 live interview that leaving would be “incongruous” in the context of the league’s commitment to “openness”.

“There is an openness about the Premier League which I think it would be completely incongruous if we were to take the opposite position,” he said.

Entrepreneurs: 

Meanwhile, Sir Richard Branson has warned a British exit from the EU would be “devastating” for the UK’s long-term prosperity.

Sir Branson, who has long backed the Remain campaign, wrote an open letter, recalling “how difficult it was” for businesses to operate effectively before the EU, adding he was “saddened” at the prospect of returning to those days.

Car Industries:

Car industry trade bodies and the Society of Motor Manufacturers and Traders’ (SMMT), warned leaving the EU would increase costs and threaten jobs.

“Remaining will allow the UK to retain the influence on which the unique and successful UK automotive sector depends,” said chief executive Mike Hawes.

Directors at Toyota UK, Vauxhall, Jaguar Land Rover and BMW, as well as from component makers GKN and Magal Engineering, also voiced their support.

Soft Drinks Companies:

Drinks giant Diageo’s chief executive Ivan Menezes wrote to the company’s 4,773 UK employees, telling them that it would be “better for the UK, better for Diageo and better for the Scotch whisky industry that we remain in”.

Mr Menezes said Diageo benefited from ease of access to the European single market, as well as trade deals that the EU had negotiated with the rest of the world.

Backlash?

John Longworth, chair of Vote Leave business council, said the UK would be better off outside the EU.

“The single market isn’t a nirvana, it’s a mirage. The single market’s a protectionist area.

What do you make of this recent report?

Will this effect the voting polls knowing major Companies/individuals are remain minded? Can Vote Leave tackle the issues that these global companies/individuals are saying? How will the referendum turn out on the 23rd, a remain or leave result?

Comment Below YOUR views on Stronger In’s backing companies/individuals views. 

 

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