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The National (Scotland)
The National (Scotland)
National
Xander Elliards

UK economy 'doomed' under Tories' 'hopeless' Brexit, top financier says

THE UK’s economy is “doomed” unless the Tories renegotiate Brexit, a prominent investor and financier has said.

Guy Hands, the founder and chairman of private equity firm Terra Firma, said that "the Brexit that was done is completely hopeless and will only drive Britain into a disastrous economic state".

He further warned that the UK economy could be moving towards the need for a bailout from the International Monetary Fund (IMF).

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