Japan's richest man fears Brexit could turn UK into 'sick man of Europe'

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Japan's richest man fears Brexit could turn UK into 'sick man of Europe'
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Tadashi Yanai has warned that Brexit is 'practically impossible' and could take the United Kingdom back to the economic stagnation of the 1970s

London Japan's richest man has warned that Brexit is"practically impossible" and could take the United Kingdom back to the economic stagnation of the 1970s when the country was often described as the"sick man of Europe."

Tadashi Yanai, the billionaire founder and CEO of Fast Retailing , said the United Kingdom had benefited for many years from being an open economy. Brexit would change that, he said, and would prompt many talented people to look for employment elsewhere.

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