CEO of Goldman Sachs Lloyd Blankfein Calls For A Second Referendum on Brexit

Photo by The Financial Times. Originally uploaded on Flickr by  Anir1uph

Goldman Sachs’ CEO has called for a second referendum regarding Brexit, claiming that “many wish for a confirming vote on a decision so monumental and irreversible.”

In an unusual tweet, Lloyd Blankfein informed his 70,000 followers on Twitter, a social media app, that Britain should ensure that the consensus is “still there” to withdraw from the European Union.

On Thursday, the banking boss wrote: “Here in UK, lots of hand-wringing from CEOs over Brexit.

“Better sense of the tough and risky road ahead. Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversible.”

“So much at stake, why not make sure consensus still there,” Blankfein added.

In another tweet, Blankfein said: “Here in UK, lots of hand-wringing from CEOs over #Brexit. Better sense of the tough and risky road ahead. Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversible. So much at stake, why not make sure consensus still there?”

In October, the Goldman Sachs CEO triggered reactions from Theresa May and Jeremy Corbyn when he utilised social media to sing praises for Frankfurt – the financial centre of Germany – also saying that he would be “spending a lot more time there.”

“Just left Frankfurt,” wrote Blankfein. “Great meetings, great weather, really enjoyed it.

“Good, because I’ll be spending a lot more time there. #Brexit”

Goldman Sachs employs about 6,000 staff in the United Kingdom. Earlier in 2017, the firm reveald that it was leasing office space in Frankfurt that is large enough for 1,000 workers as part of the company’s “Brexit contingency plan.”

According to the BBC, this plan includes employing hundreds of staff to its hubs in Frankfurt and Paris so it can be able to continue to work with customers that are based in the European Union following Brexit, regardless of the result of the negotiations.

This would reportedly involve employing new European staff and relocating UK staff over to the continent.

Following the Frankfurt tweet of Blankfein, Corbyn, a Labour leader, said that the situation underlined present uncertainties about withdrawing from the European Union.

The Press Association was informed by Corbyn that: “It’s not a good thing if companies of any sort – manufacturing, services or anybody else – are thinking of leaving.

“This really highlights the uncertainty surrounding the Government’s conduct of these negotiations.”

However, a spokesperson for Theresa May tried to allay concerns by insisting that London “is and will remain the world’s leading financial centre.”