Peter Hargreaves backs 'no-deal' Brexit as 'best option'

Concerns about negotiators

clock • 2 min read

Hargreaves Lansdown founder Peter Hargreaves has called for a no-deal Brexit, guaranteeing his entire £3.6bn fortune such an arrangement would give the UK "free trade with Europe".

Hargreaves, who reportedly donated more than £3m to the Leave campaign in the run-up to the EU referendum, slammed the current management of the UK's divorce from the European Union in an interview with Bloomberg, adding none of the country's Brexit negotiators "know the art of the deal". He said: "There is not one person on our Brexit team that has a clue...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Burnham to stick with fiscal rules as power set to flow out of Whitehall

Burnham to stick with fiscal rules as power set to flow out of Whitehall

First speech since PM bid

clock 29 June 2026 • 2 min read
BoE's Alan Taylor: Extended interest rate hold an 'appropriately measured policy response'

BoE's Alan Taylor: Extended interest rate hold an 'appropriately measured policy response'

Geopolitics in the driving seat

Michael Nelson
clock 25 June 2026 • 2 min read
Advisers highlight uncertain political and fiscal future after Starmer resignation

Advisers highlight uncertain political and fiscal future after Starmer resignation

Prime minister’s exit places chancellor Rachel Reeves’ position ‘inevitably’ under scrutiny

Isabel Baxter
clock 22 June 2026 • 5 min read