Campaign backing Brexit adds 250 biz executives

epa05206795 A message reading 'Let's take back control' is projected by Vote Leave campaigners onto a cliff near Dover, Britain, 11 March 2016.  A referendum to leave or stay in the European Union (EU) will be held on 23 June 2016.  EPA/GERRY PENNY

Bloomberg

Former HSBC Holdings Plc Chief Executive Officer Michael Geoghegan is among 250 business leaders backing the push for the U.K. to leave the European Union.
Geoghegan was CEO of HSBC from 2006 until 2010 and his support for “Brexit” stands in contrast to the bank’s current management, which warns it will send 1,000 staff to Paris from London if voters side with withdrawal in the June 23
referendum.
Others on the list released on Saturday by the Vote Leave group were John Moulton, chairman of Better Capital LLP; Tim Martin, chairman of U.K. pub operator JD Wetherspoon Plc; and David Ross, founder of Carphone Warehouse Group Plc.
“With our growing list of business supporters, Vote Leave will make that case that whilst the EU may be good for big multinationals, for smaller businesses it acts as a job destruction regulatory machine,” said Matthew Elliott, CEO of the group. “Jobs, wages and the economy will thrive when we take back control.”
The group also announced John Longworth will chair it’s business advisory council after resigning as director general of the British Chambers of Commerce for breaking with its membership on “Brexit.”

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