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Guy Hands Says Poland Will Soon Be Richer Than Britain
The famous UK financier warns that a post-Brexit UK is in “geriatric decline,” and that only radical solutions will turn things around.
Guy Hands
Photographer: Jason Alden/BloombergThis article is for subscribers only.
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Guy Hands is, perhaps unsurprisingly, bearish on the UK.
The famous financier and chairman of private equity firm Terra Firma says Britain is in a “sort of geriatric decline,” with its post-Brexit business outlook and investment case getting worse every day. Hands tells David Merritt and Francine Lacqua on this week’s episode of In the City that if the UK maintains its weakened relationship with the European Union, it’s destined to be poorer on a relative basis than the bloc.