24th Jun 2016 07:21
LONDON (Alliance News) - The UK's decision to leave the European Union will "enhance freedom and security", according to the chairman of pub company JD Wetherspoon PLC Tim Martin.
Martin had been actively campaigning for Britain to leave the EU, even distributing pro-Leave beermats throughout Wetherspoon pubs in an attempt to sway pub-goers to join his side of the debate.
Following the result on Friday that Britain will indeed be leaving the EU, Martin said the UK is in an "immensely strong position", but that "a period of calm, reflection and discussion will be beneficial".
"Some people will now be anxious, but concentrating on these immensely important factors will provide reassurance," Martin said.
"Anxiety about the economic effects of independence during the campaign was misplaced. The UK will thrive as an independent country, making its own laws, and we will work with our good friends and neighbours in Europe and elsewhere to ensure a positive outcome for all parties. The most important factor now is to work together for our mutual benefit," he added.
"On a practical level, from my experience of running a business, the key factor now is to avoid the appearance and the reality of rushing to 'do a deal?' with the EU," Martin said.
Shares in Wetherspoon were trading down 12% at 669.50 pence early on Friday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
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