Construction Industry Baron Declares For Brexit As Junior Tory MP Switches Allegiance To Remain

One of Britain’s most successful industrialists has written to his 6,000 UK employees to tell them there is “very little to fear” from leaving the European Union (EU) and he is “very confident” that the country “can stand on its own two feet”. The letter from JCB boss and Tory peer Anthony Bamford is the first sent by a major employer to his staff advocating a Brexit. Contradicting Downing Street efforts to declare unified business support for staying in the EU, Lord Bamford — one of the Tory Party’s biggest donors — stated that he believes “JCB and the UK can prosper just as much outside the EU.” Writing as one of Britain’s most successful exporters, Lord Bamford noted that while 22 per cent of JCB’s annual turnover is generated by sales of the company’s construction, agriculture, waste handling and demolition equipment to EU countries, 78 per cent is derived from the UK, India, the Americas, Russia, the Middle East, Africa, Asia Pacific and the Far East. The letter sent from JCB chairman Lord Bamford to his 6500 employees. #LeaveEU — LEAVE.EU (@LeaveEUOfficial) June 9, 2016 Lord Bamford revealed that in 1975 he did vote to stay in what was then the Common Market, but he said he was