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Beyond Brexit

Beyond Brexit S1E26 - What does the new Prime Minister mean for Brexit and business?

Beyond Brexit

PwC UK

Government, News

4.836 Ratings

🗓️ 25 July 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

With under 100 days to go until the UK leaves the EU what do we know about the new PMs position on Brexit and what does this mean for business? Host Emily Khan is joined by PwC’s Head of Brexit, Andrew Gray, Head of Political Affairs, Anna Wallace and podcast newcomer Mark Hoban, a member of PwC Advisory Council, former Conservative MP and Government Minister.

Transcript

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0:00.0

Hello and welcome to our latest Beyond Brexit podcast. I'm Emily Kahn.

0:08.0

Now, every Friday morning here at PWC, members of our Brexit team and some of our political

0:13.0

advisors meet to discuss the latest developments and what we should be advising clients as a result.

0:18.0

Today, for one week only, the week when our new Prime Minister has taken

0:21.8

office, you're invited to listen in on our discussion. By way of introduction, I'm joined by

0:26.8

two familiar voices, Anna Wallace and Andrew Gray, and a first time beyond Brexit podcaster, Mark

0:32.4

Hoban, member of our P.WC Advisory Council and former Conservative MP and government minister.

0:38.3

Thank you all for joining me.

0:40.3

Thank you.

0:41.3

Now, we now know that Boris Johnson will be our new Prime Minister.

0:46.3

For Brexit, what do we know about his intentions?

0:50.3

Maybe Anna, I can come to you first and what we've learned in recent weeks.

0:53.3

Hi, Emily. Well, I guess we're still learning and we know a little bit more now than we did

0:59.6

only 24, 48 hours ago. But what do we know? Well, he's absolutely committed to leaving

1:05.7

on the 31st of October, come what may. And we saw that restatement again on the steps of Downing Street

1:12.8

that he will he is committed to leaving on the 31st of October deal or no deal and that's

1:19.3

clearly significant for businesses who are planning the cabinet that he's put together is very much

1:24.8

a Brexit cabinet all believers and will all be motivated

1:29.0

to maintain that 31st of October deadline. He'll be off to European capitals next week

1:34.6

to try and improve the withdrawal agreement because he's said that the backstop, which

1:38.7

of course remains the biggest barrier to getting that deal through Parliament, he's described

1:43.5

it as anti-democratic.

...

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