• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Business and Economics

Brexiteer Sir Rocco Forte says he’s packing his bags for Italy

The hotelier said he will be able to expand more quickly in Italy than he can in the UK.

Jack Peat by Jack Peat
2023-05-15 13:30
in Business and Economics
FacebookTwitterLinkedinEmailWhatsapp

Prominent Brexiteer Sir Rocco Forte says he’s planning to swap Britain for Italy if Labour gets in at the next election.

The hotelier – who has been an outspoken critic of the government’s handling of the UK’s split with the European Union – has confessed to being disillusioned by what he sees as a failure to take advantage of the many opportunities afforded by the political divorce.

He has always been a Tory, donating £100,000 to the Conservative Party before the most recent election and throwing a £12,000 victory party for Boris Johnson when he was appointed leader at his Mayfair hotel.

But he’s been left with a sour taste in his mouth over the party’s handling of the split and has recently announced he has turned off the money tap because the Conservatives have failed to deliver economic growth.

Instead, he’s headed to Italy, where he can grow his business more seamlessly.

Speaking to The Times, he said: “I am of Italian origin, I speak Italian, a large part of my business is in Italy and if I was in Italy I’d be able to expand quicker than I could sitting here in the UK”.

"I am of Italian origin, I speak Italian, a large part of my business is in Italy and if I was in Italy I’d be able to expand quicker than I could sitting here in the UK" 👇

That would be Italy that's in the EU ? – that Italy ? 🤡 pic.twitter.com/Xvo37Z4ySe

— Alex Taylor (@AlexTaylorNews) May 15, 2023

Sir Rocco wouldn’t be the first Brexit backer to up sticks and desert these shores.

Dyson founder Sir James Dyson moved the headquarters of his technology company to Singapore, while Sir Jim Ratcliffe also announced the production of the new Ineos electric Grenadier off-road vehicle is set to be moved… to Austria.

Meanwhile, here in the UK, the average voter is left to deal with the consequences.

RelatedPosts

No ‘millionaire exodus’ as a result of Labour policies, study finds

Shops could be forced to accept cash in future

Liverpool to introduce tourist tax from June

Bill Gates predicts only three jobs will survive AI revolution

Related: Wealth of Nations Index shows ‘exceptional’ drop for Britain

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Office employee sparks debate after padlocking milk in communal fridge ← Inside The Mozart: Prague’s archetypal five-star hotel
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->