Tycoon: I’d bet my £3bn fortune on UK getting free trade pact
ONE of Britain’s wealthiest entrepreneurs is so convinced the country can get a free trade deal after Brexit that he would bet his £3.6billion fortune on it.
But Peter Hargreaves, who co-founded blue-chip investment firm Hargreaves Lansdown in 1981, accused ministers of failing in their duty to negotiate a good deal as the UK leaves the EU.
Nonetheless, in an interview with Bloomberg, he said: ‘The best option is no deal. No deal would give us free trade with Europe because the three biggest economies in Europe, outside Britain, are huge exporters to the UK – that’s Germany, France and Italy. And those three economies would absolutely demand free trade from the EU.
‘I guarantee my entire wealth that we would get free trade.’
