Ineos founder Sir Jim Ratcliffe told the BBC the country is on the slide, urging more North Sea investment.

Sir Jim Ratcliffe, the founder of Ineos, has publicly shared his concerns about the United Kingdom's present condition. In an interview with the BBC, he conveyed his belief that the nation is currently experiencing a downturn. His remarks indicate a prominent business leader's direct observation on the country's overall direction.

Following this assessment, Sir Jim Ratcliffe put forward a clear recommendation for significant financial backing in the North Sea. He specifically urged for greater investment within this vital area, presenting it as a crucial step. This suggestion underscores his proposed strategy for addressing the national challenges he has identified.