UK Billionaire Jim Ratcliffe Apologises After Backlash Over Immigration Remarks

British billionaire Jim Ratcliffe has apologised after facing criticism for comments in which he said the United Kingdom had been colonised by immigrants. The chairman of Ineos said he regretted that his choice of words had caused offence but maintained that immigration remains an important policy issue that needs careful management.

Ratcliffe’s remarks drew a swift response from Prime Minister Keir Starmer, who criticised the language used and warned against rhetoric that could deepen divisions. The comments sparked debate across political and business circles, with some arguing that public figures should be cautious when addressing sensitive national issues, particularly immigration.

In a statement issued on Thursday, Ratcliffe said he was sorry that people in the UK and Europe had been offended. He added that while he acknowledged concerns about the phrasing, he believed it was necessary to raise questions about how immigration is managed and how it affects economic growth. According to Ratcliffe, controlled and well-managed immigration can play a positive role in supporting business expansion and addressing labour shortages.

The controversy highlights the ongoing political tension surrounding immigration policy in Britain. The issue has remained central to public debate since the Brexit referendum, influencing elections and shaping party platforms. The current government has pledged to balance border control with economic needs, particularly in sectors that rely heavily on overseas workers.

Ratcliffe, one of Britain’s wealthiest entrepreneurs, is best known for building Ineos into a global chemicals and energy company. In recent years, he has also gained attention through investments in sport, including his involvement with Manchester United. His business profile means that his public statements often attract wide scrutiny, particularly when they touch on politically sensitive subjects.

Political analysts say the reaction to Ratcliffe’s comments reflects the broader challenge facing leaders in both business and government. Immigration is closely tied to economic performance, workforce supply and social cohesion. While many companies support targeted migration to address skills gaps, public concern about overall numbers and integration remains strong in some communities.

The prime minister’s response underscores the government’s stance that debate over immigration must remain responsible and inclusive. Downing Street has indicated that it welcomes constructive discussion but rejects language that may be seen as inflammatory. The exchange between Starmer and Ratcliffe comes at a time when the UK is reviewing aspects of its post Brexit immigration framework.

Ratcliffe’s apology appears aimed at easing tensions while keeping the focus on policy rather than rhetoric. By acknowledging the offence caused, he has sought to clarify his position without retreating from his broader argument that immigration policy should align with economic priorities. The episode illustrates how quickly business leaders can find themselves at the centre of national political debates when addressing complex and emotive topics.