How come so few big business leaders signed up to David Cameron’s letter in favour of remain?
(Credit: Nick Sutton)
As the Daily Mail reported this morning:
High street shops including Sainsbury’s, Tesco and Next and banks such as Lloyds and Royal Bank of Scotland did not put their names to the letter published today. It had been suggested that bosses of 80 of the FTSE 100 firms would sign the pro-Brussels letter, but in fact only 36 have done so.
One would have thought big business leaders to be largely in favour of staying, since membership suits big best; it is not just that they are most likely to be involved in exports, and so fear the possible instability of Brexit, but that the system of lobbying built into the EU suits larger companies better than smaller ones. It’s one of many ways Brussels incentivises corruption.
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