More Brexit blues for business
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 13 March 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
A continued political crisis in the UK means more uncertainty for businesses. We hear from the boss of a manufacturing company in Birmingham and Nicole Sykes, head of EU negotiations at the UK business group the CBI, as well as the BBC's Rob Watson in Westminster and Adam Fleming in Strasbourg.
(Photo: A protester carries an EU flag in London, Credit: Getty Images)
Transcript
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| 0:00.0 | Hello, I'm Ed Butler. Welcome to Business Daily from the BBC. |
| 0:05.4 | Coming up, the UK Parliament says no to the Brexit deal with Brussels. |
| 0:11.1 | The eyes to the right, 242, the no's to the left, 391. |
| 0:19.2 | So the noes have it, the nose have it. |
| 0:21.9 | A massive no. How does British business now feel? |
| 0:25.6 | What we are hearing is the biggest change in terms of trade this country has faced since the mid-19th century being imposed on this country with no consultation with business, no time to prepare, and this is no way to run |
| 0:41.2 | a country. Brexit blues, Brexit panic, business daily from the BBC. So then today, the latest |
| 0:50.6 | twist in what's starting to feel like an interminable drama to some. Soap opera, |
| 0:55.4 | tragedy? What do you think? British MPs gathered in Westminster yesterday and they decided pretty |
| 1:00.0 | emphatically, just as they had two months ago, that the negotiated deal between the UK government |
| 1:04.5 | and the EU, the so-called withdrawal agreement, setting the terms for Britain's exit from the EU on March the 29th was simply not |
| 1:13.1 | good enough. By a margin of 149 votes, the government was resoundingly defeated. Many opposition |
| 1:19.2 | MPs saw the Brexit deal as too tough on the UK's relations with Europe and many Brexit |
| 1:24.4 | hardliners from the ruling Conservative Party itself said it didn't |
| 1:28.1 | provide Britain with enough freedom for future trade. So what does it all mean? I'm joined from |
| 1:32.8 | Westminster by the BBC's political correspondent Rob Watson. Rob, in political terms, a resounding, |
| 1:38.2 | perhaps humiliating second defeat for the Prime Minister Theresa May. She carries on, though, |
| 1:42.6 | doesn't she, we think? Do you know, Ed, I've almost run out of adjectives for the way to describe Britain, |
| 1:47.8 | but I think I'd sum it up neatly as this, as saying that Britain is in a profound crisis. |
| 1:54.3 | The Prime Minister's credibility is ebbing away by the second. Her government is divided and disarray, as is the rest of the Conservative |
| 2:03.2 | Party, as is to some extent the main opposition Labour Party. The country as a whole is divided, |
| 2:09.5 | more divided than ever over this issue. Business is in despair. And I think Britain is becoming a sort |
... |
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