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Business Daily

Brand Britain and Brexit

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 5 September 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

What the rest of the world makes of the UK's Brexit crisis. Manuela Saragosa speaks to Jane Foley, head of foreign exchange strategy at Rabobank, about what the pound's value says about the state of the nation. Jiao Li, co-founder of a company called Crayfish, which helps UK companies better engage with China, explains why cheaper British goods are making them more attractive to Chinese buyers. And Washington Post columnist Anne Applebaum on the view from Europe.

(Photo: Union Jack paraphernalia, Credit: Getty Images)

Transcript

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0:00.0

Hello, I'm Manuela Saragossa. Welcome to Business Daily from the BBC.

0:06.0

Coming up, Brexit and financial markets. Do the two mix.

0:10.0

It is difficult for, I'm an economist by trade, but I've really had to become a political analyst.

0:16.2

Plus, what's Brexit done to selling Britain to the world?

0:20.4

Long leave from Britain. Well,? Lung Lee, Britain.

0:22.9

Well, that's one view from China.

0:25.1

And that's coming up here in Business Daily from the BBC.

0:31.2

This has been and still is a momentous week in the politics of Britain and Brexit.

0:37.0

But if business was hoping for more certainty about when the UK will leave the EU and on what terms,

0:43.6

well, they got this instead.

0:45.8

Order questions to the Prime Minister.

0:49.0

Mr Speaker, I know he's worried about free trade deals with America,

0:53.9

but there's only one chlorinated chicken that I can see in this house,

0:58.7

and he's on that bench. Will he confirm again?

1:01.6

He's desperate, absolutely desperate to avoid scrutiny.

1:06.8

In his third day in office, after five questions from me, we haven't had an answer to any of them.

1:15.8

In other words, no clarity. The British Parliament this week voted against a general election,

1:21.0

but that doesn't mean there won't be an election. Also this week, the British Parliament voted

1:25.7

against leaving the EU without a deal, but that still doesn't rule out a no-deal Brexit.

1:31.2

And the official government advice remains that businesses should prepare to leave the European Union without a deal.

1:38.5

Carolyn Fairbben is the Director-General of the Confederation of British Industry.

1:42.9

Many businesses are stockpiling for

...

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