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Ratcliffe says immigrants cost too much, while Ineos lobbies for state funding

The Guardian - World NewsEN 4 min read 100% complete by Jillian AmbroseFebruary 12, 2026 at 03:41 PM
Ratcliffe says immigrants cost too much, while Ineos lobbies for state funding
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long article 4 min

Sir Jim Ratcliffe, owner of Ineos, is facing criticism for recent comments where he stated that immigrants are "costing too much" for the UK. This backlash coincides with Ineos actively seeking substantial financial support from the UK and EU governments. Ineos, a sprawling petrochemical empire, has already received significant state aid, including £120m from the UK government for the Grangemouth petrochemical site. Ratcliffe is also seeking public funds for a new Manchester United stadium. Despite his criticism of public spending, Ineos relies on government assistance due to a downturn in the petrochemical industry and rising energy costs. Ratcliffe's move to Monaco in 2020 is estimated to have cost the UK treasury hundreds of millions in lost tax revenue.

Key Entities & Roles

Key Player Opposition Context
Sky News 30% Manchester United 40% France ×240% Grangemouth 40% Monaco ×250% European Union ×260% United Kingdom ×670% Ineos ×690% Jim Ratcliffe ×690%

Keywords

immigration 80% state funding 70% ineos 60% benefits 50% carbon tax 50% energy prices 40% petrochemicals 40%

Sentiment Analysis

Negative
Score: -0.40

Source Transparency

Source
The Guardian - World News
Classification Confidence
90%

This article was automatically classified using rule-based analysis.

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immigrationstate fundingineosbenefitscarbon taxenergy pricespetrochemicals
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