Ineos Automotive Ltd., owned by chemicals tycoon and Brexit-backing billionaire Jim Ratcliffe, said it would build its electric 4x4 at a factory in Graz, Austria.
Brexit blues: From Wetherspoon to Next, the company bosses who loved Leave until reality hit
11/11/2022
But six years on, reality is kicking in and some of the most ardent Brexiteers - including the heads of major UK employers - are starting to change their tune.
Billionaire Sir Jim Ratcliffe, a Leave campaigner in the run-up to the 2016 Brexit referendum, has confirmed a new 4x4 vehicle will be built in France.
Brexiter Ineos boss, who has an estimated £17.5bn fortune, officially changes tax domicile.
Brexit-backing billionaire Jim Ratcliffe is in talks to build his Grenadier off-road vehicle, a paean to Britain’s adventurous spirit, in France.
Sir Jim Ratcliffe: UK’s richest man and prominent Brexiteer ‘to leave for Monaco’ in tax plan
18/02/2019
According to reports he would legally share with his senior executives Andy Currie and John Reece, between £1bn and £10bn tax-free.
Billionaire said Britain would be 'perfectly successful' outside of the EU, but is now opting to leave.