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The Bottom Line

Life after Brexit

The Bottom Line

BBC

Personal Journals, Business, Society & Culture

4.6615 Ratings

🗓️ 30 June 2016

⏱️ 28 minutes

🧾️ Download transcript

Summary

How will the vote to leave the EU affect big and small businesses in the UK? Evan Davis and guests discuss trade deals, tariffs and 'passporting' rights that allow UK-based firms to sell financial products and services from Britain to EU customers. They'll also explore how companies can turn the current economic uncertainty into business opportunities.

Guests:

Anne Richards, CEO, M & G Investments

Juergen Maier, CEO Siemens UK

Julia Gash, Founder and CEO, BIDBI

Jan Atteslander, EconomieSuisse

Producer: Sally Abrahams.

Transcript

Click on a timestamp to play from that location

0:00.0

Thank you for downloading this programme. In this edition of the bottom line, we're discussing

0:04.5

what Brexit means for business. Hello and welcome to the programme. By and large, British

0:12.0

business did not want Britain to leave the EU, but the vote was for Brexit, and business now

0:17.7

has to deal with that. For companies, it's what you might call a test of making the best of a bad situation.

0:23.8

Time to light a cigar called Hamlet, or time to knuckle down and get into the practicalities.

0:29.2

We'll be talking it through with my four guests.

0:32.1

They are, Anne Richards, who's chief executive of M&G investments,

0:36.4

a fund manager in the UK and overseas,

0:39.5

and it's part of the Prudential Group and in financial services, obviously.

0:43.5

Manufacturing industry, where we've got Juergen Meyer,

0:45.7

who's chief executive of Siemens UK.

0:48.5

It employs 14,000 staff in the UK and has 13 manufacturing plants in the UK.

0:55.0

Julia Gash is an entrepreneur and chief executive of Bidby, Baggett Don't Binit, which makes printed fabric bags.

1:04.0

Julia joins us from Sheffield.

1:07.0

And Jan Atterslander is our guest from Switzerland.

1:10.0

He's head of international relations at Economy Suisse, which is the Swiss Business Federation.

1:15.5

It's the equivalent of our CBI.

1:18.2

Jan and Julia, by the way, were guests on our Brexit debate programme earlier in this season back in May.

1:25.2

Well, we'll hope to learn some lessons from Switzerland about life outside the EU,

1:29.3

yet for a country that still has the EU as a main trading partner.

1:34.3

Let me just start with you all.

1:36.3

Julia, I'm going to start with you.

...

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