Sir Richard Branson has blamed growing post-Brexit red tape for Britain's poor economic growth, saying he wouldn't "invest new money" in the country with the way things are at present.

Sir Richard Branson has ruled out investing new cash in the UK for the foreseeable future, claiming the economy has been hamstrung by trade barriers and “red tape” brought on by Brexit.

It’s not easy to wipe the trademark grin off Richard Branson’s face, but one way is to ask the British billionaire about the challenges facing his home country.