[h=1]Richard Branson: Virgin Group Lost Third of Value Since ‘Brexit’ Vote[/h]
[h=2]"We are heading towards a disaster"[/h]Richard Branson, the founder of Virgin Group, said Tuesday that the company has lost about a third of its value since the U.K. voted to leave the European Union last week, stoking fears that the “Brexit” will have negative financial repercussions.
“This country is going to go into recession. Two of the worst days ever – banks have been pounded means they are not going to lend money, we’re going to go into recession,” Branson said on “Good Morning Britain,” Reuters reported. “We are heading towards a disaster. I don’t believe the public realized what a mess their vote would cost.”
Read more at:http://time.com/4385175/brexit-eu-richard-branson-virgin-group/
[h=2]"We are heading towards a disaster"[/h]Richard Branson, the founder of Virgin Group, said Tuesday that the company has lost about a third of its value since the U.K. voted to leave the European Union last week, stoking fears that the “Brexit” will have negative financial repercussions.
“This country is going to go into recession. Two of the worst days ever – banks have been pounded means they are not going to lend money, we’re going to go into recession,” Branson said on “Good Morning Britain,” Reuters reported. “We are heading towards a disaster. I don’t believe the public realized what a mess their vote would cost.”
Read more at:http://time.com/4385175/brexit-eu-richard-branson-virgin-group/
