The Economic Pain of Brexit Is Becoming Clear, Blair Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 17 February 2017
⏱️ 47 minutes
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| 0:37.0 | That's the power of global connections, Merrill Lynch Pierce Fenner and Smith, Inc. Member SIPC. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura. |
| 1:00.0 | Daily, we bring you insight from the best in economics finance investment and |
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| 1:09.9 | cloud Bloomberg.com and of course on the Bloomberg. |
| 1:18.6 | The Prime Minister Theresa May is about to trigger Article 50. We have polling that suggests that more than half of the |
| 1:25.2 | British population support her, the believe that she is doing a good job. Are you |
| 1:30.6 | not worried that from your point of you at least the train has now left the station? |
| 1:34.6 | Yeah, of course we're very anxious about this but the truth is that we haven't yet |
| 1:40.9 | seen what the real terms of our departure are. We don't really |
| 1:44.4 | know yet what Brexit means. We have taken the decision over the past few months |
| 1:49.4 | which wasn't clear by the way at the time of the Brexit vote that we're going to leave the |
| 1:53.2 | single market the customs union about two-thirds of our trade will now |
| 1:57.0 | the arrangements will have to be renegotiated actually the amount of |
| 2:01.2 | immigration we're going to stop is probably around 12% of the total we will have control over and most that immigration is not really immigration that's going to impact the people of the country. |
| 2:12.0 | So, you know, yes, of course, what the government |
... |
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