Sir Richard Branson, speaking at the launch of Virgin Group's hotel in Shoreditch, asserted that the UK continues to be a favorable environment for starting businesses, despite challenges like Brexit and the impact of US tariffs under President Trump. He highlighted the importance of generating income to reduce taxes and promote prosperity in London. Renowned for its resilience, London serves as a model for other cities. Branson also expressed hope for a more stable regime in international trade relations, discouraging unpredictability that has harmed global business insights in recent months.
Sir Richard Branson emphasized that the UK is still a fantastic place to start a business despite uncertainties brought on by Brexit and Trump's tariffs.
He believes that if businesses generate enough income, taxes can decrease, making London prosperous for everyone.
Branson noted that after launching Virgin Records over 50 years ago, the UK remains stable and uniquely special among countries.
James Bermingham stated that Londoners have a remarkable resilience, weathering crises while setting a standard that the world should follow.
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