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A billionaire former Conservative donor has urged Rishi Sunak to come clean on Brexit. / Speaking to the I, he said he would consider backing the party again if the PM renegotiated Britain’s trade deal with the European Union.
Private equity veteran Guy Hands says Boris Johnson ‘threw the country and the NHS under the bus’.
Guy Hands, Terra Firma Capital Partners chairman and chief investment officer, discusses the impact of Brexit on U.K. exports, investment strategy, and the influence of environmental, social and governance issues on the firm's mergers and acquisitions.
It would take just a few to say that it is a "bit of a mess and we are going to have to work together to solve it" to get Britain back on track. / “I thought Brexit was frankly completely nuts,” he said.
Guy Hands said the business outlook and investment case for the UK is only getting worse and that the country needs to reforge trading ties with the European Union to stop the rot.
Writing exclusively for FN's sister title Private Equity News, the hedge fund veteran says leaving the EU has eroded the power of the City.
The financier and former Tory donor says leaving the EU was a plan by the rich to make themselves richer and the poor poorer.
How Brexit stuffed the City
14/06/2023
The banks pay huge amounts of tax. If they lose business, then Britain’s economy will suffer.
Having been grossly misled in the referendum, Britons’ anger is mounting as the reality of our plight becomes clear.
Terra Firma boss says UK may need bailout from IMF and now ‘sick man of Europe’ due to Brexit deal
24/10/2022
A leading investment chief has predicted the UK may need a bailout from the IMF and is now the “sick man of Europe” because of the way Brexit was negotiated.
Guy Hands said the Conservatives need to re-negotiate the "completely hopeless" Brexit deal.
Britain may need a bailout from the International Monetary Fund (IMF) and is on the path to become the “sick man of Europe” because of Brexit, a senior finance chief has warned.
‘Brexit is doomed’ - Guy Hands
28/10/2021
BREXIT is doomed, private equity titan and Guernsey resident Guy Hands has said.
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