George Soros’s foundation backs campaign to reverse Brexit


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Jessica Elgot — Guardian.co.uk Feb 7, 2018

Soros

A key pro-EU campaign to reverse the Brexit vote has been given more than £400,000 of funding by American billionaire George Soros’s foundation, the Guardian can disclose.

The business magnate, who is the founder of the Open Society Foundation (OSF), made more than £1bn betting against the pound on Black Wednesday, which forced the British government to pull it from the European exchange rate mechanism.

The Best for Britain campaign, which advocates remaining in the EU, rather than fighting for a soft Brexit, has received the six-figure sum from OSF since the June 2017 election, sources have told the Guardian.

The campaign is chaired by Lord Malloch-Brown, a former UK government minister and deputy UN secretary general.

It was co-founded by Gina Miller, who took the UK government to court over the triggering of the Article 50 process to leave the European Union.

Malloch-Brown said the campaign group had followed all rules and regulations governing financial contribution. “We, like millions of people, believe that Britain should lead, not leave, Europe,” he said.

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The organisation has a full-time staff of about 10 people and a training programme led by Mike Moffo, a senior organiser for former US president Barack Obama.

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