FTSE chiefs among 1,200 business bosses backing Remain


More than 1,200 business leaders, including half of the FTSE 100, have written an open letter backing a vote to remain in the EU at tomorrow’s Brexit referendum.

From the financial services sector the bosses of JP Morgan, Barclays, Allianz Global Investors and Brookfield Asset Management signed the open letter, which was published in The Times this morning.

Virgin founder Richard Branson and businessman and former New York mayor Michael Bloomberg were some of the most notable names among the 1,285 signatories.

“Britain leaving the EU would mean uncertainty for our firms, less trade with Europe and fewer jobs,” the letter said.

“Britain leaving the EU would mean having to re-establish terms of trade from scratch with our home market of 500 million consumers. That wouldn’t just hurt exporters but the hundreds of thousands of small and medium firms who do business with them.”

Fifty-one companies from the FTSE 100 were represented in the letter.

Business bosses who have previously voiced their support of Brexit include entrepreneur James Dyson, JCB boss Anthony Bamford, and Hargreaves Lansdown co-founder Peter Hargreaves, who has donated £3.2m to the Leave EU Group.

Today represents the last day of campaigning before UK voters go to the polls tomorrow.