BP's Dudley Says Brexit Would Plunge World Into Uncertainty

Reuters

MOSCOW, June 17 (Reuters) - A decision by the British people to quit the European Union in a forthcoming referendum would trigger a period of uncertainty for the world, BP Chief Executive Bob Dudley told Bloomberg TV on Friday.

Speaking on the sidelines of the St Petersburg International Economic Forum, Dudley said: "It's not going to change exactly what BP does. We will respond”.

"(But) my personal concern is the unintended consequences - no one is quite sure what will happen. I'm sure the pound will gyrate a bit. I think it will put the world into some period of uncertainty ... including for Britain. So, I'm concerned about that," he said.

(Reporting by Vladimir Soldatkin; Editing by Andrew Osborn)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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Consultant | Jun. 21, 2016
The #1 unintended consequence following the formation of the EU was tiny Belgium grabbing power, influence and wealth from its larger neighbors and creating stifling legislation. How delighted Brussels is for being the capital of Europe. EU is a win/lose situation. I am happy for the UK to get out. By the way, the Scottish need to get over themselves and support Brexit. The EU has not benefited their economy either.

engineer | Jun. 19, 2016
I seem to agree with Dudley except I am an optimist to believe Brexit will serve the interest of the UK citizens and companies. Because the opportunities open to UK are unique and not necessarily hung up along the European vision. Europe on the other hand will lose a valuable element of its engine, with a possibility of complete disintegration when Bexit proves a success. Maybe the new Europe will link the two old friends Germany and Turkey, ha,ha!

john weaver | Jun. 17, 2016
GB is supporting everyone else including the immigrants.


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