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Business Daily

A Brexit game of chicken

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 9 August 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Is the UK's government really serious about a 'no-deal' Brexit? Ed Butler speaks to Brexit blogger Professor Chris Grey and Charles Grant, director of the Centre for European Reform, about what Prime Minister Boris Johnson's strategy really is. Maddy Thimont-Jack, senior researcher at the Institute for Government, explains why parliament may not be able to stop a no-deal Brexit even if it wanted to, and Alan Soady from the UK's Federation for Small Businesses, explains why planning for such an eventuality is so difficult.

(Photo: Boris Johnson, Credit: Getty Images)

Transcript

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0:00.0

Hello there, I'm Ed Butler and welcome to Business Daily from the BBC.

0:06.1

Coming up, the looming risk of a hard Brexit. What's that going to mean for Britain and the European

0:13.1

economy? No deal is the legal default and the only way to actually stop No Deal is to request an

0:19.4

extension to Article 50, revoke Article 50 or agree a deal to ensure that no deal doesn't take place.

0:25.3

But will anyone blink before we reach the Brexit cliff edge? Is Britain's PM really preparing for the worst?

0:32.5

I obviously don't claim to know what's going on inside Boris Johnson's head. It looks like we're heading for a no-deal Brexit, probably in the expectation that Parliament may well stop them,

0:40.9

and they can have a general election without actually having to go through the pain of no-deal first.

0:45.6

Taking it to the wire, Business Daily from the BBC.

0:51.6

Ever since Boris Johnson took the reins last month as Britain's latest Prime Minister,

0:56.6

he's been pursuing one consistent refrain.

0:59.1

The doomsters, the gloomsters, they are going to get it wrong again.

1:04.5

Because we're going to restore trust in our democracy.

1:07.9

And we're going to fulfil the repeated promises of Parliament to the people

1:12.0

and come out of the EU on October 31st. No ifs or buts. Yes, Boris insists that unlike his

1:20.9

predecessor, Theresa May, for him, Brexit really does mean Brexit. And if Brussels will not compromise

1:27.2

on the negotiated terms of Britain's

1:29.3

exit, then the UK is going to be leaving the EU with no deal, he says, despite all the economic

1:36.3

chaos that many think that will involve. Now, some are asking, is Mr Johnson really meaning all of

1:43.5

this? Or is he channeling a clever negotiating

1:47.0

strategy coined by another bygone leader? If we continue to show firmness and strength to the

1:53.6

communist world, Cruccef is a cold, hard, ruthless man. We must show him we are strong,

1:59.7

that we will not be coerced, that we will not

...

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