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Viewsroom

Viewsroom: What’s next for Brexit?

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 21 November 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

Cabinet resignations, an angry coalition partner and a skittish currency greeted UK Prime Minister Theresa May’s draft agreement to quit the EU. Breakingviews columnists examine whether the current mess leads to Brexit with an EU deal, without a deal, or even to a new referendum. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, just leave on work now. Sorry, it's a bit loud.

0:03.3

Um, basically, so I was thinking we could get Macies tonight. Had a big Mac on my mind all day, and delivery fee on the app is now from 99P. So you win? Of course you are. Love you. Bye. Exclusively on the McDonald's app. 18 plus, service fee and small order fee may apply. Participating restaurants. Serving times and teas and seas apply. The views expressed on this podcast are those of the participants, not of Roiders' News.

0:30.7

Where does Brexit go from here?

0:32.8

That's the conundrum we're tackling on this week's views room, a weekly conversation among

0:36.5

breaking views columnists

0:37.6

about the ups and downs of the world of finance.

0:40.6

I'm Anthony Curry and here with me is my co-host Jennifer Saber. Hi, Jen.

0:44.2

Hey, Anthony.

0:45.5

So, last week, Britain's Prime Minister, Theresa May unveiled a draft agreement for the country to lead the European Union.

0:52.6

Since then, several of her cabinet ministers

0:55.1

have resigned in protest, including the person normally responsible for leading the negotiations.

1:00.5

She's under increased threat of a leadership challenge from her own party. She may not have a

1:05.4

majority in Parliament. And Sterling, the British currency, is now basically resuming its role as the effective

1:12.4

opposition party and Spain may even veto a deal anyway. On the line from London is Peter Tal Larson

1:18.4

to try and make sense of all of this. Peter, welcome back on the show. Thank you for having me.

1:23.8

So a bit of a litany of catastrophes there. Did I leave anything out? Is there anything else that's going wrong in the past few hours, minutes or seconds? No, I think you pretty well summed up the challenges. I mean, it's interesting because, of course, we've been, you know, we spent two years, more than two years since the referendum vote kind of heading towards this moment.

1:47.1

And the interesting thing that's happening really is that all the sort of the internal

1:52.4

contradictions of Brexit, the sort of the difficulties of trying to yank yourself away from

1:58.9

the European Union without completely cutting yourself

2:01.7

off from the single market and the free trade that goes with it.

2:06.7

All the questions about taking back control, all the questions about the economic costs

2:11.7

of doing this, they're all sort of coming home to roost.

...

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