Money Talks: Business after Brexit
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 4 February 2020
⏱️ 21 minutes
🧾️ Download transcript
Summary
After Britain’s official departure from the European Union on January 31st, the government faces a divergence dilemma: departing from the EU's rules may mean less access to its markets. The Economist’s Britain business editor Tamzin Booth explains the costs and opportunities of a directive-free future. And Mike Cherry, chairman of the Federation of Small Businesses, and city financier Dame Helena Morrissey discuss what government and business must do to adapt. Patrick Lane hosts
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Transcript
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters that they listen to and understand their client's needs. |
| 0:14.8 | With global expertise and over two centuries of experience, Citi provides tools, insights and |
| 0:20.8 | guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are city. |
| 0:26.0 | Learn more at city.com slash we are city. City. |
| 0:33.0 | Hello, you're listening to Money Talks on the |
| 0:44.3 | Hello you're listening to Money Talks on The Economist radio our weekly podcast on the markets the economy and the world of business I'm Patrick Lay deputy |
| 0:49.4 | digital editor at The Economist at the economist. Three two one. |
| 0:55.0 | For many people this is an astonishing moment of hope, |
| 1:00.0 | a moment they thought would never come. |
| 1:02.0 | And there are many of course who feel the sense of anxiety and loss. |
| 1:05.8 | At 11 o'clock on Friday night after decades of campaigning by Eurosceptics and years of political |
| 1:11.4 | chaos and intense bargaining and infighting, |
| 1:13.9 | Britain officially left the European Union. |
| 1:16.7 | Onwards and upwards now, we can still deal with Europe, but we're not, you know, |
| 1:20.1 | we're not tied to anyone. |
| 1:21.4 | Great moving victory for democracy. But that's the past. It's time now to talk about the future. Has Britain's |
| 1:28.8 | economy really doomed itself to stagnation? What are the costs and opportunities of doing away with those |
| 1:34.9 | much-melined EU regulations? And now that the countdown has begun to a final trade deal |
| 1:39.9 | with the EU, what's at stake for British business. |
... |
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