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UK Business Leaders Say Economic Case For UK Staying In EU Is Overwhelming

A group of top U.K. business leaders Monday said the financial case for Britain staying within the European Union was overwhelming and accused lawmakers promoting an exit from the bloc as putting "politics before economics".In a letter to The Independent newspaper, the group called for the government to fight to deliver a more competitive Europe in order to combat the criticisms of those advocating Britain's withdrawal from the EU."The City of London is Europe's global financial center. Some of the EU's ideas put this standing at risk. So the Government needs to work hard to protect it," the letter, signed by business figures including Richard Branson, the founder of Virgin Group, Win Bischoff , chairman of Lloyds Banking Group (LYG), and Martin Sorrell, chief executive of advertising WPP (WPP.LN), says.The letter comes after Prime Minister David Cameron last week gave his Conservative party's backing to a draft bill that commits the U.K. to holding an EU referendum by the end of 2017-...

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  1. Sir . Richard Branson talks Thatcher, success secrets

    Global entrepreneur on 'Fox & Friends'

  2. What It Takes to Be a Real CEO

    Never before in history have people been so divided about what it means to be a chief executive officer. As three letter acronyms go, CEO has got to be the most pola...

  3. Branson: I Wouldn’t Be Here Without Margaret Thatcher

    Virgin Group founder Sir Richard Branson on the death of the former Prime Minister and the success of Virgin America in a recent industry survey.

  4. Teenager-Turned-Millionaire Success Stories

    It’s not just 17-year-old Nick D’Aloisio, who sold his app to Yahoo for a cool $30 million. Check out these five other teen success stories on entrepreneurs who have made their young age work for them.

  5. Not Everyone Needs to Work in an Office to be Productive

    Relationships are critical in any business environment, and there is no doubt that our most meaningful interactions are with those around us. However, we live in a g...

  6. Yahoo CEO’s Work-from-Home Ban Spurs Feminist Debate

    Next Generation Correspondent Michelle Fields, attorney Remi Spencer and Independent Women’s Forum policy analyst Hadley Heath on the fallout from Yahoo CEO Marissa Mayer’s ban on employees working from home.

  7. Branson Plans Domestic U.K. Airline

    International Consolidated Airlines Group SA (IAG.LN) and its British Airways unit face a new challenge from entrepeneur Richard Branson, The Times in London reporte...

  8. Yahoo's Work From Home Ban Sparks Recruitment Frenzy

    Yahoo CEO Marissa Mayer's decision to take away the remote working privileges of Yahoo employees has touched a nerve among workers at lots of companies.

  9. Virgin Australia Profit Falls, Hit by Competition

    Virgin Australia Holdings Ltd. (VAH.AU) Tuesday booked a 56% fall in first-half profit as intensifying competition in Australia's domestic travel market drove down t...

  10. Fox Flash: 'Dancing with the Stars'

    Which celebrities will hit the dance floor?

  11. Cheryl Burke on 'DWTS' latest

    Professional dancer on 'Fox & Friends'

  12. Branson to Clear $316 Million in Virgin Media Deal

    Billionaire Richard Branson is set to top up his bank account with another $316 million following the agreed takeover of Virgin Media Inc. (VMED) by John Malone's Li...

  1. Richard Branson's Work-Life Balance Secrets

    Want to work (and live) like the successful entrepreneur behind Virgin Group? Check out Richard Branson ’s tips for parenting, as well as balancing career and personal life commitments.  

  2. Buzz Aldrin's future vision for Mars is out of this world

    Moonwalker's new book details outer-space plan

  3. Richard Branson on 'historic' rocket-powered flight

    Virgin Galactic spaceship makes history

  4. Virgin's New In-Flight Pick Up Service: Clever or Creepy?

    Think the person sitting across the aisle on your flight is cute? Well don't just sit there—send over a drink! Or a bag of pretzels.Virgin America is allowing passen...

  5. Singapore Airlines to Raise Virgin Australia Stake

    Singapore Airlines Ltd. (C6L.SG) said Wednesday it will spend US$125.8 million to nearly double its stake in Virgin Australia Holdings Ltd. (VAH.AU), intensifying it...

  6. European Regulators Approve Boeing's Fixes for 787 Batteries

    European regulators Tuesday approved Boeing Co.'s (BA) proposal to modify the lithium-ion batteries on its flagship 787 Dreamliner jet, clearing the way for Europe's...

  7. Australia Won't Block Virgin Australia's Tiger Buy

    Australia's antitrust regulator won't block Virgin Australia Holdings Ltd.'s (VAH.AU) 35 million Australian dollars (US$36 million) acquisition of a 60% stake in low...

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