- Buffett, 88, endorsed Britain by welcoming chance to invest in ‘trusted’ system
- He said Britain’s departure from EU had no bearing on his willingness to invest
- Buffett’s firm Berkshire Hathaway previously had stake in supermarket Tesco
- His firm also owns Northern Powergrid, which delivers electricity to homes in the north-east of England
Billionaire investor Warren Buffett has handed a big endorsement to Britain ahead of Brexit by dismissing fears about its impact on the economy.
The 88-year-old American, who is worth an estimated $88billion (£68 billion) and is the world’s third richest man, said he is ready to ‘buy something in the UK tomorrow’, and welcomed the chance to put his money in a ‘trusted’ system.
Mr Buffett, whose interests in Britain have included investments in supermarket giant Tesco through his £550 billion conglomerate Berkshire Hathaway, added that Britain’s departure from the EU had no bearing on his willingness to put more money in the UK.