Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Sunday, November 18, 2018 06:40:06 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

'Brexit' would 'threaten jobs', warn UK business leaders

By AFP, London
24th-Feb-2016       
Comments
Share your thought
Post a comment »
Read all () »

The bosses of more than a third of Britain's top companies on Tuesday urged voters to keep the country in the European Union, warning that a "Brexit" would threaten jobs.
Some 198 business leaders including Roger Carr, chairman of BAE Systems, BP CEO Bob Dudley and Ron Dennis, chief of F1 team McLaren, wrote a joint letter published in the Times, backing Prime Minister David Cameron's deal to reform the EU.
"Following the prime minister's renegotiation, we believe that Britain is better off staying in a reformed European Union," they wrote, adding Cameron had secured important commitments to improve competitiveness within the bloc.
"We believe that leaving the EU would deter investment, threaten jobs and put the economy at risk," wrote the business chiefs, who between them employ around 1.2 million people.
"Britain will be stronger, safer and better off remaining a member of the EU," it concluded.
The letter comes as a timely boost for Cameron, who was rocked on Sunday by the decision of charismatic London mayor Boris Johnson to back a "Brexit".
Chairmen or chief executives of 36 companies from key share index FTSE 100, including national giants such as Asda, BT, Marks & Spencer and Vodafone, all signed the letter.
However, critics pointed out that many large employers such as Tesco, RBS, Barclays and Sainsburys had not signed the letter and accused Cameron of "bullying" businesses into supporting his position.
"The truth is that despite the bullying of a prime minister who has no real business experience, it is other normal commercial factors which will determine the continued success of British businesses to invest and grow," said Richard Tice, co-founder of pro-Brexit group Leave.EU.
"Brexit will reduce unnecessary regulatory burdens and cost on business, which can be used to invest in more jobs, not less," he added.

Tariff
Add Rate

News Archive

Inside The New Nation

Football »

Neymar penalty punishes Uruguay in feisty friendly


Neymar kept his cool to score the controversial penalty that fired Brazil to a 1-0 win over Uruguay in a full-blooded friendly on Friday.Brazil captain Neymar was subjected to some ferocious fouls from Uruguay as the clash between the South American rivals boiled over at Arsenal's Emirates Stadium.But the Paris ...

Cricket »

Shakib returns as BCB announces squad for 1st Test against WI


The Bangladesh Cricket Board (BCB) on Saturday announced the squad for the first Test of two-match series against the West Indies (WI) with ace all-rounder Shakib Al Hasan returned to the squad.Another big-name inclusion in the squad is Soumya Sarkar, whose last Test appearance came on the tour of South ...

Editorial »

Pro-people police is the demand of time


THE Police Investigation Bureau (PIB) has unveiled the mystery behind a spine-chilling crime where a middle-aged woman passenger was killed inside a running bus at Ashulia in the outskirts of Dhaka city. It took hardly seven days for them to crack the case. Police have already arrested the murderers along ...

International »

US opposes UN resolution condemning Israel's occupation of Golan Heights


AFP, United Nations :For the first time, the United States voted Friday against an annual UN resolution condemning Israel's occupation of the Golan Heights, dropping its practice of abstaining in the vote.The non-binding resolution was adopted in a General Assembly committee by a vote of 151 to 2, with the ...

International »

US-China discord dominates APEC summit in Papua New Guinea


Reuters, Port Moresby :The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggested little prospect of consensus at the weekend meeting.Speaking in the Papua New Guinean capital, U.S. Vice President ...

Entertainment »

Aupee Karim returning to big screen


Entertainment Desk :Actress Aupee Karim is returning to the big screen after 15 years , with a film titled "Debris of Desire."Aupee made her debut in cinema with Mostofa Sarwar Farooki's 'Bachelor,' for which the actor won the Bangladesh National Film Award for Best Actress in 2004. The film is ...

City »

BFUJ Secretary General Saban Mahmud receiving posthumous 'Ratnagarva Ma Gold Medal-2018' on behalf of his mother Momtaj Salam at a ceremony organised by Society for Enlightening Nation (SOFEN) in the auditorium of the Institution of Diploma Engineers, Bangladesh in the city on Friday.


Editorial »

Only condemnation not enough, ensure safe return of Rohingyas to Myanmar


US Vice-President Mike Pence expressed the Trump administration's strongest condemnation about Myanmar's treatment towards Rohingya Muslims. He told Aung San Suu Kyi that "persecution" by Myanmar's military was "without excuse" in a meeting with her on November14. Mr Pence also pressed Suu Kyi to pardon two Reuters journalists who were ...

City »

Former Parliament Member of Moulvibazar-2 constituency MM Shaheen joined Juktofront by giving bouquets to Juktofront Chief Prof Dr AQM Badruddoza Chowdhury at the party office in the city's Baridhara on Friday.


.

Football »

Croatia stun Spain as Jedvaj strikes twice to keep hopes alive


AFP, Zagreb :Spain passed up the chance to seal progress to the Nations League finals as they were beaten 3-2 by Croatia on Thursday, undone by a 93rd-minute winner from Tin Jedvaj.Jedvaj's late strike leaves Group 4 wide open ahead of its final fixture between England and Croatia on Sunday. ...

Entertainment »

Deepika-Ranveer wedding: First pics of the gorgeous couple spell magic


Deepika Padukone and Ranveer Singh got married at the picturesque locale of Lake Como in Italy. The much-in-love duo got married in a traditional Konkani wedding ceremony on November 14 and today solemnised their wedding as per Sindhi tradition. After managing to keep their wedding pictures well-guarded, the couple has ...

International »

May fights for survival after Brexit deal sparks crisis


Reuters, London : British Prime Minister Theresa May was fighting for survival on Friday after a draft divorce deal with the European Union provoked the resignations of senior ministers and mutiny in her party.More than two years after the United Kingdom voted to leave the EU, it is still unclear how, ...

Editorial »

Mass awareness needed if NBR wants more people under tax net


THE countrywide 'Income Tax Fair -2018' has already drawn a huge crowd. The authorities hope more people would be brought under tax net this year too. Finance Minister AMA Muhith while inaugurating the fair said out of country's 16 crore population, the number of taxpayers is around one crore. There ...

International »

US could lose war against Russia or China, warns panel


AP, Washington :The United States military has "lost its edge" and could potentially lose a war against Russia or China, a report by a bipartisan panel established by Congress says.The report by the National Defense Strategy Commission on November 14 said U.S. military superiority has "eroded to a dangerous degree" ...

Football »

Switzerland`s Kevin Mbabu (left) is challenged by Qatar's Abdelkarim Hassan during an international friendly soccer match between Switzerland and Qatar at the Cornaredo stadium in Lugano, Switzerland on Wednesday.


.

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news