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    Home > Finance > UK's Starmer condemns billionaire Ratcliffe's immigration comments, calls for apology
    Finance

    UK's Starmer condemns billionaire Ratcliffe's immigration comments, calls for apology

    Published by Global Banking & Finance Review®

    Posted on February 11, 2026

    2 min read

    Last updated: February 11, 2026

    The image shows the aftermath of an Israeli airstrike in Gaza that claimed the lives of Al Jazeera journalists, including Anas Al Sharif. This tragic event highlights the ongoing conflict and its impact on press freedom.
    Scene depicting the aftermath of an Israeli airstrike that killed Al Jazeera journalists in Gaza - Global Banking & Finance Review
    Tags:BrexitUK economyImmigrationpublic policyfinancial community

    Quick Summary

    Keir Starmer criticizes Jim Ratcliffe's comments on immigration, calling them offensive and urging an apology. Immigration remains a key concern in UK politics.

    Table of Contents

    • Starmer's Response to Ratcliffe's Remarks
    • Context of the Comments
    • Public Reaction and Implications

    Keir Starmer Criticizes Jim Ratcliffe's Comments on Immigration

    Starmer's Response to Ratcliffe's Remarks

    LONDON, Feb 11 (Reuters) - Prime Minister Keir Starmer on Wednesday condemned comments by billionaire Jim Ratcliffe, who said Britain had been "colonised by immigrants" in a broadcast interview, calling the remarks offensive and urging him to apologise. 

    Ratcliffe, the founder of chemicals group INEOS and minority owner of Manchester United, told Sky News that Britain faced "huge levels of immigrants coming in" and argued that the country "has been colonised", saying migration was “costing too much money”. 

    Context of the Comments

    "Offensive and wrong. Britain is a proud, tolerant and diverse country. Jim Ratcliffe should apologise," Starmer said later in a post on X. 

    Public Reaction and Implications

    KEY CONTEXT

    * Ratcliffe linked his comments to concerns aboutbenefits, saying “you can’t have an economy with nine millionpeople on benefits and huge levels of immigrants coming in.” * Immigration is consistently among the top voter concernsin Britain according to opinion polls, and has helped fuel therise of Nigel Farage's right-wing populist party Reform UK. * Official data also shows that around 10 million people ofworking age currently receive some kind of state benefit, thoughless than 1.7 million of these are classed as out-of-workclaimants.  * The rise in population has been overwhelmingly driven byimmigration. Studies consistently show migration has an overallpositive impact on economic growth.

    (Reporting by Sam Tabahriti and William James; editing by Edward Tobin)

    Key Takeaways

    • •Keir Starmer condemns Jim Ratcliffe's immigration comments.
    • •Ratcliffe's remarks deemed offensive by Starmer.
    • •Immigration is a key voter concern in the UK.
    • •Ratcliffe linked immigration to economic issues.
    • •Studies show migration positively impacts economic growth.

    Frequently Asked Questions about UK's Starmer condemns billionaire Ratcliffe's immigration comments, calls for apology

    1What is immigration?

    Immigration is the process of individuals moving to a country to live, work, or study. It can significantly impact the economy, culture, and demographics of the host country.

    2What is the UK economy?

    The UK economy is a highly developed and market-oriented economy. It is characterized by a diverse range of industries, including finance, manufacturing, and services, contributing to its GDP.

    3What is Brexit?

    Brexit refers to the United Kingdom's decision to leave the European Union, which was officially enacted on January 31, 2020. It has significant implications for trade, immigration, and economic policies.

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