Entrepreneurs are no strangers to risk, but leaving the EU is a guaranteed disaster

Columnists | Economy & Politics
Charlie Mullins OBE
Charlie Mullins OBE

Charlie Mullins OBE is the CEO and founder of Pimlico Plumbers, the UK’s largest independent plumbing and service company. Founded in 1979 with nothing more than a plumbing apprenticeship, a bag of tools and a second-hand van to his name, Charlie has built Pimlico Plumbers into a multi-million pound business. 

Entrepreneurs are great at taking risks. It’s what makes them stand out from the average Joe. They have the ability and confidence to turn new ideas into reality, jobs and wealth.

You might be excused for thinking that most entrepreneurs would be more comfortable with backing Brexit: it could go down in the history books as the nation’s greatest ever gamble. But entrepreneurs – successful ones at least – only take calculated risks.

That’s why even some of the entrepreneurs who backed Brexit are jumping ship – now that the risks are more and more obvious. James Dyson is “future-proofing” his business by moving its headquarters from Wiltshire to Singapore and Sir Jim Ratcliffe has left the UK allegedly to take advantage of Monaco’s tax system.

That’s because leaving the EU, whether it’s the cliff edge ‘no deal’ Brexit or some other fudge, is a completely blind leap of faith that we simply cannot afford to gamble on. Britain’s economy and the prosperity of future generations is at stake.

But don’t just take my word for it. Business owners and trusted organisations from all walks of life have warned of the consequences of Brexit on the economy. From the British Retail Consortium, to the TUC, the Bank of England and even the Government: they’ve all said that British business will be worse off for leaving, and nobody voted for that.

As a business owner myself, I know there is nothing more counterproductive than uncertainty. Businesses just want to get on with business, and the decision to leave the EU and the government’s hopeless negotiations have collectively forced us all to hold our breath. As a result, contracts have been deferred, decisions have been delayed, and investments have been put on hold.

While voters up and down the country may be preoccupied with their own individual queries over the country’s exit, from the Irish backstop to international trade, the real problem we should be focusing on is the economy and the trail of destruction which Brexit would create.

You need only look back 10 years to see that a recession affects every aspect of the country both in the immediate term and in the far-reaching future. The difference this time round is that we know what’s around the corner and yet we seem to be sleep-walking our way towards the cliff edge. We can’t idly stand by and let that happen again simply because we voted on something two years ago without knowing the full facts at the time.

At the start of a crucial week in Parliament, when the fate of our nation for generations to come will be decided, we must look long and hard at our current predicament. Now we know the full facts of Brexit, do we want to be poorer or do we want to restore some economic stability and business common sense? There shouldn’t be any risk of making the wrong decision… but sadly it seems there is.

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2 Comments

  1. Charlie Mullins, now part of the establishment! Grow some balls mate, instead of your hair and act like a 65 year old…you know as well as I do, nothing is guaranteed in this life, especially not that shower in Brussels, a fat bloated, undemocratic system…bet you don’t run your business like them?

  2. What a load of nonsense What people who want to remain seem to forget is that being a member state has not stopped us having 4 recessions it has not protected us from anything yet has cost us a fortune in payments.Why pay for a club membership with no benefits?

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