
Reported
Ratcliffe Says UK ‘On the Slide’ From Former Imperial Status
Ineos founder and Manchester United co-owner attributes Britain’s perceived decline to high taxes and immigration, according to the Guardian.
· 1 min read

Ineos founder and Manchester United co-owner attributes Britain’s perceived decline to high taxes and immigration, according to the Guardian.

The Manchester United Muslim Supporters’ Club says comments made by co-owner Sir Jim Ratcliffe during a BBC interview about the UK and its imperial past were “completely unacceptable.”

The billionaire chemicals magnate and Manchester United co-owner told the BBC he believes Britain is "on the slide" and urged greater investment in North Sea oil and gas.

Led by the Ineos group, the project aims to store several million tonnes of carbon dioxide per year beneath Danish soil by 2030.