The chief executives of Shop Direct, Carpetright and Boden have all thrown their weight behind Britain remaining in the European Union.
Shop Direct boss Alex Baldock, Carpetright chief exec Wilf Walsh and Bodenās Julian Granville all warned against a Brexit as the countdown to the UKās pivotal referendum on June 23 draws ever closer.
The trio gave their personal views on the vote as part of a Leadership Panel at Retail Week Live.
Boden boss Granville led the rallying cry. He said: āI am fundamentally in Europe. I think that would be the best result for our business.
āI think there are more risks to leaving. But if we do leave, funnily enough, I donāt think an enormous amount would change.
āI understand the desire of some people to separate ourselves from Europe but itās rather like middle-aged people getting divorced. On both sides they often think: āthis is going to be great, all my problems are going to be solvedā, but they very rarely are and all the problems are still there after the divorce.ā
Baldock added: āIf you were taking a safety first, near-term view, you would probably vote to stay in.
āFrom our point of view as a business, it probably impacts us the most [out of the three on stage]. Aside from a small Irish business, we are a UK-only firm.
āBut that is my personal view, we donāt have a corporate view.ā
Walsh supported those views and said: āThere are two issues, an emotional issue and an economic issue.
āThe emotional is the argument for wanting to be an island nation, stand on our own two feet and not be bullied by the bureaucrats in Brussels.
āBut if you go the way of Norway and Switzerland, you lose the free movement of people across borders.ā
He joked: āI woke up the other Sunday morning and Donald Trump was leading the US presidential race and we were all waiting to see what Boris Johnson did about Europe. I told my family I couldnāt take any more!
āIf Boris Johnson, Nigel Farage and George Galloway are at the same house party convincing me itās a great place to go, then include me out.
āOn a personal level, Iām in.ā
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