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Branson pulls plug on big deal because of Brexit

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London - British entrepreneur Richard Branson on Tuesday said his Virgin Group had pulled out of a deal involving 3 000 jobs after Britain voted to leave the EU.

In a television interview, the billionaire businessman added that Britain was heading for recession after the pound slumped to its lowest level against the dollar in more than three decades in the immediate aftermath of last Thursday's referendum result.

And he urged the public to sign a petition calling for a second vote.

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