UK business leaders warn Brexit would be ‘damaging’

More than 200 entrepreneurs have thrown their weight behind the campaign for Britain to stay in the EU, warning that the economic shock of Brexit would be “hugely damaging” to the prospects of start-up businesses.

Among signatories to an open letter from ‘Entrepreneurs for In’ are founders of companies that have rapidly become household names in the online economy, like Skype, Ebookers, Zoopla and Net a Porter, as well as some of the names behind brands including Innocent Drinks, Jack Wills, Yo! Sushi, and Domino’s Pizza.

And the Remain camp received a further boost as eight former US treasury secretaries said in a joint letter to The Times that “a strong Britain inside the European Union” was “the best hope in our view for securing Britain’s future, creating a more prosperous Europe and protecting a healthy and resilient global economy”.