FTSE bosses in last-ditch bid to avert ‘leave’ vote

Chiefs say quitting EU would hit trade and jobs as CBI warns of Lehman-style crisis
Better together: Barclays chairman John McFarlane, marketing mogul Sir Martin Sorrell and RSA chief executive Stephen Hester
Better together: Barclays chairman John McFarlane, marketing mogul Sir Martin Sorrell and RSA chief executive Stephen Hester
BRENDAN MCDERMID/REUTERS

The of Britain’s biggest businesses are this weekend plotting a dramatic intervention in the referendum debate in a last-minute attempt to keep Britain in the EU.

Scores of FTSE 100 chief executives and chairmen, as well as heads of other big employers, are signing up to a letter arguing that the economy and the jobs market have a brighter future if Britain stays in. In a draft of the letter, seen by The Sunday Times, they argue that “EU membership is good for business and good for British jobs”.

“Businesses and their employees benefit massively from being able to trade inside the world’s largest single market without barriers,” they say.

The business chiefs warn that “leaving the EU would mean uncertainty for our firms, less