Billionaire Sir Jim Ratcliffe says he has lost confidence in the UK and is not surprised the super-rich are fleeing a country 'on the slide'

Billionaire Sir Jim Ratcliffe says he has lost confidence in the UK and is not surprised the super-rich are fleeing a country 'on the slide'

Outspoken Sir Jim, the co-owner of Manchester United and one of Britain's richest people, warned the decline was down to Labour's failure to tackle welfare and immigration and blamed high taxes.