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The News Agents

The issue the political parties won't talk about

The News Agents

Global

Politics, Daily News, Government, News

4.15.4K Ratings

🗓️ 2 May 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

After several delays, Brexit checks finally came into force this week - adding cost and delay to how small businesses can get their goods into the UK. It'll see prices pushed up on the consumer's end too.

But, you won't hear either main party discussing this in great detail. Why? As an election issue - it's almost radio silence - even as the UK becomes the worst performing economy in the G7.

We'll hear from Peter Foster from the Financial Times and What Went Wrong With Brexit on the Brexit economics and Labour's strangled relationship with this issue - and from Tim Shipman - chronicler of Brexit diaries with No Way Out - on what the Conservatives now make of the brexit they delivered.

Editor: Tom Hughes

Senior Producer: Gabriel Radus

Producer: Laura FitzPatrick

Social Media Editor: Georgia Foxwell

Video Production: Shane Fennelly & Arvind Badewal

You can listen to this episode on Alexa - just say "Alexa, ask Global Player to play The News Agents"!

The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/

https://store.global.com/collections/the-news-agents

Transcript

Click on a timestamp to play from that location

0:00.0

The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity.

0:09.1

This is a global player original podcast.

0:12.6

This week, to astonishingly little fanfare and not much news coverage, there were new checks being introduced at the British border for goods coming in from the EU.

0:26.1

Flowers, delicatessen products, meats, you name it. They now have to be checked before they can get into the country.

0:34.6

Putting additional cost on it for importers and making life more complicated.

0:39.4

Yeah, it had been delayed five previous times. This week, it all happened. But very little

0:47.4

has been said about this moment by either political party. And today, we're going to ask, why not? Welcome to the newsagents.

1:00.4

The Newsagents. It's John. It's Emily. And this is going to be a big moment for importers,

1:08.5

for haulage companies, for people who are driving the lorries, for anyone who is

1:12.2

trying to essentially get food from the EU into the UK. And it's also going to almost certainly

1:18.9

be a big moment for consumers, because whether they trace this back to Brexit and the Brexit

1:25.0

checks or not, they're going to see prices go up or availability go down.

1:31.6

Something else happened today, which is that the OECD produced figures for what the growth forecasts are

1:39.9

for the most powerful economies in the world, the G7 economies.

1:45.5

And guess which country is at the bottom of the league table in terms of projected growth?

1:51.1

France. No.

1:52.2

Germany? No. Spain? No.

1:54.3

Spain is not part of the G7.

1:55.6

Sorry.

1:56.8

Italy.

1:57.6

No.

1:59.0

Hmm.

...

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