EU exit would risk jobs, says group of business bosses

  23 February 2016    Read: 1155
EU exit would risk jobs, says group of business bosses
Leaving the European Union would threaten jobs and put the UK`s economy at risk, leaders of some of Britain`s biggest companies have said.
Bosses - including those of BT, Marks & Spencer and Vodafone - signed a letter published in the Times, saying an EU exit would deter investment in the UK.

Leave campaigners point out two-thirds of FTSE 100 firms, including Tesco and Sainsbury, did not back the letter.

A referendum on whether the UK should stay in the EU will be held on 23 June.

In a move described by No 10 as "unprecedented", chairmen or chief executives of 36 FTSE 100 companies signed the letter backing the campaign to stay in the EU, including Burberry, BAE Systems and EasyJet.

The FTSE bosses were among a total of 198 signatories from the business world, including the chief executives of Heathrow and Gatwick airports.

However, nearly two-thirds of the UK`s largest publicly listed businesses did not sign and the BBC`s economics editor Kamal Ahmed said there were some notable absentees among them, such as the bosses of Tesco, Sainsburys, RBS and Barclays.

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