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A U.K. vote to exit the European Union could have significant economic repercussions.

The UK is not going to leave the European Union. Of course not. We are inextricably wound up with Europe. In terms of culture, history and geography, we are a European nation.

If we get outside the EU, if we leave the EU system, we will be relieved of a huge amount of unnecessary regulation that is holding this country back. We will be able to set our own priorities, make our own laws and set our own tax policies to suit the needs of this country. We have a huge opportunity also to make people's votes count for more.

I personally hope and wish that Britain will stay part and parcel of the European Union.

My view is that those challenges will be easier to meet, those risks will be less if we vote to leave because we will have control of the economic levers; we will have control over money we send to the European Union. We will have control over our own laws, and as a result, we will be able to deal with whatever the world throws at us.

I believe that Europe without Britain at the heart will be less reform-driven, less open, less international Europe.

Of course, the EU is not going to fall apart, but at best it will stagnate for the foreseeable future and we will be dealing with quite a lot of internal chaos.

If the E.U. allows itself to be priced out of the world economy, the next generation will not get jobs, living standards will decline, and the Union will lose the popular consent of the people of Europe.

As an entrepreneur, I have been known for taking risks throughout my career, but leaving the European Union is not one of the risks I would want the U.K. to take - not as an investor, not as a father, and not as a grandfather. I am deeply concerned about the impact of leaving.