Richard Branson Backing Drive to Block Brexit, Independent Says

Richard Branson

Photographer: Brendon Thorne/Bloomberg

Billionaire Richard Branson has pledged to help fund a campaign to block Britain’s departure from the European Union, The Independent newspaper reported on Monday, citing a memo by Alan Milburn, a cabinet minister in Tony Blair’s Labour government.

The campaign will seek a second referendum on the terms of Britain’s divorce from the EU and to build support for remaining in the bloc, the paper said.

A million pounds ($1.25 million) of funding has already been pledged to the campaign, which claims the support of former cabinet ministers from the Labour, Conservative and Liberal Democrat Parties, the paper said.

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