Peter Hargreaves: UK will thrive in Brexit

Peter Hargreaves 700x450Hargreaves Lansdown co-founder Peter Hargreaves has downplayed fears of market uncertainty if the UK leaves the European Union.

Speaking on Radio 4’s Today programme, Hargreaves said that a Brexit would be “an absolute fillip” for the UK’s economy.

He also fought back against pro-EU campaigners who have claimed a Brexit would leave the City of London suffering.

“We raise money for the Russians, we raise money all over the world, for countries that are not in Europe. They’ve got to use London. London can raise billions on a few phone calls,” he said.

“The day, hopefully, we decide to leave, that little bit of insecurity, that little bit of the unknown will be an absolute fillip to everyone,” he added.

Hargreaves, who stepped down from the board of Hargreaves Lansdown last year, said he was expressing his personal view.