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The Independent UK
The Independent UK
Lifestyle
James Moore

Voices: If Jim Ratcliffe pulls billions out of Britain, is Labour really to blame?

While it’s not the first time Sir Jim Ratcliffe has flirted with the idea of leaving the UK (he previously moved from Britain to Switzerland, back to Britain and then to Monaco), it looks as though he might follow through now – the decision may even be permanent, in fact.

For, according to Brian Gilvary, the executive chair of Sir Jim’s company, Ineos Energy, one of Britain’s wealthiest men, is considering shifting £3bn of investment to the US because “the UK has become one of the most unstable fiscal regimes in the world from a perspective of natural resources and energy”.

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