Murdoch says weaker sterling makes UK more competitive: reporter

The sharp fall in sterling since Britain voted to leave the European Union will make its economy more aggressive, media proprietor Rupert Murdoch said on Tuesday at a meeting facilitated by one of his daily papers, The Times.

Ed Conway, financial matters manager at Sky News and an editorialist at the Times, said on Twitter that Murdoch likewise faulted sharp falls in offer costs for the individuals who had unsuccessfully crusaded to keep Britain in the EU.

Conway said Murdoch, official director of News Corp (NWSA.O), likewise issued a notice to Boris Johnson, the previous chairman of London who drove the Leave crusade and is leader to succeed Prime Minister David Cameron, who has said he will leave.

"Rupert Murdoch: if [Boris] backtracks on genuine things there'll be another ridiculous rebellion #TimesCeoSummit," Conway said.

(Reporting by David Milliken; altering by Kate Holton)

Media mogul Rupert Murdoch leaves his home in London, Britain March 4, 2016.

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