Politics
Jim Ratcliffe says UK is 'on the slide' over taxes, immigration and energy
September 19, 2026 at 11:25 AM · Updated 27d ago
Coverage
3 reports · over 16 hours
BNBBC News
Sir Jim Ratcliffe: Man Utd co-owner 'must go' says Muslim fan group
(opens the publisher’s site)
TGThe Guardian
Jim Ratcliffe says the UK is a country ‘on the slide’
(opens the publisher’s site)
BNBBC News
Billionaire Manchester United owner Sir Jim Ratcliffe says he has lost confidence in UK
(opens the publisher’s site)Ineos founder and Manchester United co-owner Sir Jim Ratcliffe told the BBC that high taxes, immigration and energy policy have left the UK "on the slide."
- Ratcliffe said the UK is in decline from its imperial past, citing high taxes and immigration as drivers, and described Britain as having "a bit of a green eye towards wealth."
- He called the government's failure to license further North Sea oil and gas development "insanity" and warned the UK could "run out of gas" during a cold snap this winter.
- A government spokesperson said they are confident in security of supply and that business investment had increased over the past two years.
- Ratcliffe, a Monaco tax resident since 2020, said he would not return to the UK "at the moment" as "things would have to get better."
- Manchester United Muslim Supporters Club issued a statement of no confidence in the ownership, saying co-owner Sir Jim Ratcliffe 'must go' and calling on the Glazer family to leave.