Richard Branson: investors pulling out of UK after Brexit vote

Virgin billionaire says 'thousands and thousands' of jobs will be lost following the decision to leave the EU

Virgin billionaire, Sir Richard Branson, says Chinese business partners are already pulling investment from the UK in the light of the EU referendum vote, and warned that "thousands of jobs will be lost".

Speaking at the final round of Voom, a competition for young entrepreneurs hoping to secure funding and support from Virgin, Branson warned that the business climate after the Brexit vote was already hurting the economy.

Related: Richard Branson starts his own campaign to keep Britain in the EU