Sir Jim Ratcliffe, the billionaire founder of Ineos and co-owner of Manchester United, has said he has lost confidence in the UK and believes the country is “on the slide”.
Ratcliffe also called for increased investment in the North Sea, although no further details of his proposal were provided in the available material.
His comments combine criticism of the country’s current direction with a call for greater focus on North Sea investment. The remarks were made during an interview in which he discussed his view of the UK’s economic position and prospects.
No response from the UK Government or other organisations was included in the supplied material. The latest position is that Ratcliffe is urging more investment in the North Sea while expressing a loss of confidence in the country.
