Britain's Prime Minister David Cameron thinks during a question and answer session after he delivers a speech on EU reform and the UK’s renegotiation, in London, Tuesday, Nov. 10, 2015. (AP Photo/Kirsty Wigglesworth, pool)
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LONDON: London's top financiers and executives warn that a British vote to leave the European Union will have dire consequences: economic chaos, diminished trade opportunities and a decline in the City of London's role as a premier hub for global business and finance.A slim 51-year-old from England's industrial Midlands whose firm manages about 500 million pounds ($756 million) worth of real estate, Tice is backing a campaign in favor of exit.Tice is among a small group of prominent financial-sector figures publicly backing a U.K. departure from the EU. That Britain should leave the EU is very much a minority view in the boardroom, especially at big companies.About 40 percent also supported transforming the EU into a "less integrated free trade area" – which would almost certainly be unacceptable to France and Germany – and another 14 percent favored an exit altogether.The pro-EU camp is coalescing behind a group dubbed Britain Stronger in Europe, while those favoring departure are backing two separate groups: Vote Leave and Leave.EU.Even on the "in" side, there's strong support for tweaking Britain's relationship with the EU.
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