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Political Fix

Brexit Britain - what happens next

Political Fix

Financial Times

News, Politics, News & Politics

4.21.2K Ratings

🗓️ 24 June 2016

⏱️ 26 minutes

🧾️ Download transcript

Summary

With Gideon Rachman, Janan Ganesh, Chris Giles and Sarah Gordon. Presented by Sebastian Payne.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

When you get a little bit of transparency, the nitrous to want more.

0:05.0

The number one biggest shift is that basically everyone realized we got to zero fast.

0:10.0

Transparency is the key defense against dreamwashing risk.

0:15.0

Listen to sound progress and Axa Investment Managers podcast to hear what our experts have to say on the subject of transparency. This is not financial advice and when

0:27.5

investing capital is at risk. Welcome to FT Politics, a weekly podcast on British politics from the Financial Times.

0:41.6

I'm Sebastian Payne, comment editor and as you

0:44.6

can probably guess we'll all be talking about Brexit. It has happened. The UK

0:49.6

has voted to leave the European Union and or hellas broken loose.

0:53.8

To try and discuss and dissect one of the most momentous events in post-war British politics,

0:58.5

I'm delighted to be joined by Gideon Rachman, the F.T. Chief Foreign Affairs commentator, political columnist Janan Ganesh,

1:04.8

business editor Sarah Gordon, and economics editor Chris Jows.

1:08.2

Thank you all for joining on this very busy day.

1:10.7

So in the early hours of Thursday the 24th of June 2016, it was announced that the

1:16.1

British electorate had voted to leave the EU. 52% voted for Brexit, 48% for remain, all on a rather high turnout of 72%.

1:26.0

And the repercussions have already been huge.

1:28.4

David Cameron has resigned as Prime Minister just one year after winning a general election.

1:33.0

He'll exit Downing Street by the autumn.

1:35.0

Jeremy Corbyn is also facing a leadership challenge from MPs.

1:39.0

Nicholas Sturgeon is paving the way for another Scottish independence referendum

1:42.0

and George Osborne is also like to be out of a job very soon.

1:45.0

That's before we reach the markets, the pound and business reaction and we're just hours in.

1:50.0

So Gideon, I'm going to begin with you that nobody predicted this was going to happen.

...

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