FDs and finance leaders sign Remain letter

MORE than 1,200 executives, including the FDs of two highly respected British businesses and directors from 51 FTSE 100 companies, have given their signature to Remain’s letter urging people to vote ‘in’ for the EU Referendum.

Included in the 1,285-strong list are Richard Bradley, finance director at Dyer Engineering and Mike Younger, finance director at Ian Macleod Distillers.

Joining them from the accountancy world is Ian Powell, chairman and senior partner of PwC, and David Sproul, CEO and senior partner Deloitte, signing a letter stating that British business ‘benefits massively’ from its EU membership.

The letter, which was published in The Times, outlines that Britain leaving the EU would mean “uncertainty for our firms, less trade with Europe and fewer jobs”.

“Britain remaining in the EU would mean the opposite: more certainty, more trade and more jobs,” the letters states.

In May, market intelligence group Greenwich Associates revealed that Brexit is becoming an ‘increasing possibility’ for more than half of the UK’s CFOs, despite it revealing that most corporate officers have failed to take action to minimise the negative effects of an EU exit on their companies.

View the letter here