‘We’re going NOWHERE!’ Finance CEO praises Brexit Britain and SNUBS EU alternatives
BREXIT Britain has received a major boost after a financial-technology leader laughed off fears companies would flee the UK for Europe.
Fintech CEO: UK is a 'global HUB, not a gateway to EU'
Despite Project Fear predictions of a post-Brexit exodus of fintech companies, one CEO predicted a major UK boom - and vowed he was going nowhere.
Nikolay Storonsky of Revolut, a company aiming to transform the banking system through new technology, promised to keep his company HQ in London.
Mr Storonsky has rejected ‘little Britain’ jibes from Remainers and said he had no doubts the UK would succeed outside the EU.
He said: “As a Russian immigrant to the UK I have built a home and a business here. If I had to do it all again knowing a Brexit Britain was approaching, I would make exactly the same decisions.
“Post-Brexit Britain would still be at the top of my list.”
He acknowledged people did have some “genuine concerns” but said the extent of the Project Fear doom-mongering had left him stunned.
Mr Storonsky said: “People have a right to express their genuine concerns around Brexit but the level of scaremongering has been astounding.
“I’ve seen reports on recessions, high unemployment and a halt to foreign investment.
“Recent reports show that employment continues to rise, industry continues to grow and foreign investment looks set to boom with recent announcements from Facebook, Apple and Snapchat to open European bases in London, creating thousands of highly skilled and highly paid jobs.”
He said London still stood out from other European cities and predicted the pound would bounce back during the next year.
Mr Storonsky said: “When you look at the UK in comparison to other European cities, English is the business language of the world, we produce a highly educated and highly skilled workforce, the infrastructure is second to none and we have a solid regulatory environment that is supportive of business innovation.
“Whilst the Pound has inevitably taking a bit of a hit due to the uncertainty coming from central government, I’m predicting that Sterling will begin to bounce back within the next 12 months as our long-term Brexit strategy becomes more clear.
“Rising employment, growing industry and continued foreign investment will also contribute towards its revival.”
He issued a final rallying cry for Brexit Britain, in stark contrast to doom-mongers and vulture-like cities across the bloc attempting to lure business across the Channel.
Dublin, Frankfurt and Paris had all sent officials to the UK in recent months on charm offensives.
Mr Storonsky said: “Moving forward as we grow into an international brand, London will continue to be our headquarters and we will continue to invest in growing our team. I’m backing Britain, and I know I’m not alone.”