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Ratcliffe says immigrants cost too much, while Ineos lobbies for state funding

todayFebruary 12, 2026 1

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Billionaire’s business has in recent years claimed UK and EU support for refineries and chemicals plants worth about €800m

The backlash against Sir Jim Ratcliffe’s comments about immigrants to the UK “costing too much” for the state comes at an awkward time for his loss-making Ineos business.

The billionaire industrialist’s sprawling empire, which ranges from chemicals to car making, has sought government financial support worth hundreds of millions of pounds and is lobbying for further state aid from the UK and EU to stay afloat.

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Source: www.theguardian.com

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Written by: truelightfm

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