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Exit from EU would damage Britain and Europe, says Axa chairman
A British exit from the European Union would be severely damaging for both parties and like a divorce, the head of one of the biggest insurers and chairman of the influential Bilderberg group has warned. Henri de Castries, chairman of Axa, said a so-called Brexit would “diminish both the status and influence of the UK” and leave the country as a “big Switzerland”. In a wide-ranging interview, de Castries also compared the recent slide in the Chinese stock market to the Wall Street Crash of 1929 and said the private sector had a decisive role to play in tackling climate change. De Castries is a key voice in ... (full story)
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