Phones 4U founder hits out at Brexit “hysteria”

 

 

 

 

 

The founder of Phones 4U is supporting Britain’s potential exit from the EU and says suggestions ‘Brexit’ would cause the loss of three million jobs is “complete rubbish”.

John Caudwell, the entrepreneur who sold the mobile phone retailer in 2006, told the BBC Britain lost £8bn annually because of its contribution to Europe and believes there is a lot of hysteria surrounding the campaign to stay in the EU.

“You hear three million jobs will be threatened as a result of leaving Europe. That is complete rubbish,” he said. “Being a free country to trade with every country in the world and not to be seen to be a partisan part of Europe that is a good thing.”

A referendum on whether the UK will stay in or leave the EU will be held on 23 June 2016.

TNT Business

 

Photo Credit: ronaldaroo Flickr

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