Brexit: still worth it?
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 24 July 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
It’s going to be more expensive for British firms to trade with the European Union after the end of this year. That’s when the real Brexit takes place. We ask Alastair Macmillian, a Brexit-supporting business owner, whether he thinks leaving the EU is still worth it.
Alex Veitch, head of international policy at the UK Freight Transport Association, explains what the extra red tape means for the industry. And we hear from Peter Foster, public policy editor at the Financial Times.
Photo: The flags of the UK and EU are pictured at the European Council headquarters in Brussels (Credit: Getty Images)
Transcript
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| 0:00.0 | Hello and welcome to Business Daily from the BBC with me, Manuel Salagossa. |
| 0:06.0 | Coming up, Brexit, do supporters still think it's worth it? |
| 0:09.9 | I would obviously prefer it if we had a free trade deal that would keep the cost down. |
| 0:14.7 | But I'm not really afraid of what the government says will be a worst-case scenario. |
| 0:20.7 | So what is the worst-case scenario? |
| 0:23.2 | The danger is that both sides underestimate each other's willingness to walk away. |
| 0:29.4 | What next for the seemingly endless rangling between the EU and the UK? |
| 0:34.1 | That's coming up here in Business Daily from the BBC. |
| 0:40.4 | Remember that thing. It starts with a B has an X in it. You might have forgotten, what with |
| 0:46.5 | coronavirus wreaking havoc everywhere. Businesses, travellers and bright minds in technology. |
| 0:56.6 | We all need to plan ahead. |
| 0:58.7 | Check the guidance. Make the changes. Get going. |
| 1:03.2 | That's a Brexit advertisement doing the rounds on British TV and radio at the moment. |
| 1:09.1 | Because at the end of this year, the UK's transitional trading arrangements |
| 1:12.9 | with the EU will end. The hope is that the two sides can agree a free trade deal before then |
| 1:18.8 | to keep goods and services flowing freely. They spent the past week in intense negotiations, |
| 1:25.5 | and the clock is ticking. |
| 1:30.5 | If you do not reach an agreement on our future partnership, |
| 1:33.5 | there will be far more friction. |
| 1:36.6 | This is the truth of Brexit. |
| 1:38.3 | This is the truth of Brexit, |
| 1:41.8 | and I will continue to tell the truth. |
... |
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