What will Brexit mean for your money and the UK economy?
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 24 June 2016
⏱️ 37 minutes
🧾️ Download transcript
Summary
Britain has voted to leave the EU in a historic referendum but what will Brexit mean for your money?
As the world digested the 52-48 Leave vote, Simon Lambert and Lee Boyce, of This is Money, join Georgie Frost of Share Radio to discuss what next.
The UK woke up a to a new era in its politics and markets have been see-sawing but beyond the short-term volatility, how will Brexit affect our finances?
Transcript
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| 0:00.0 | This is money, brought to you in partnership with NS&I, giving you 100% security for your savings. |
| 0:10.3 | A very good morning, I'm Georgie Frost. You're listening to Share Radio. |
| 0:13.4 | The sun has risen on an independent United Kingdom. |
| 0:18.4 | I don't feel like this is my country anymore. That's how I feel. |
| 0:20.7 | I would say I've lost most of the faith that I had in politics and in humanity in general. |
| 0:26.8 | It's not necessarily a bad thing because it's very important for the democracy that the people decide of its own destiny. |
| 0:34.6 | The United Kingdom has voted to leave the European Union. |
| 0:38.2 | David Cameron stepping down as Prime Minister after the UK voted. |
| 0:42.2 | To leave, he says he fought head, heart and soul to remain |
| 0:45.4 | and thinks the country needs fresh leadership. |
| 0:47.8 | I will do everything I can as Prime Minister to steady the ship over the coming weeks and months. |
| 0:54.3 | But I do not think it would be right for me to try to be the captain |
| 0:57.7 | that steers our country to its next destination. |
| 1:01.7 | I'm joined this morning from the team from the financial website. |
| 1:05.0 | This is money for our weekly catch-up in partnership with NS. |
| 1:08.7 | And I joined today on this historic day by editor Simon |
| 1:11.8 | Lambert and Consumer Affairs editor Lee Boyce. Now the shadow cabinet's meeting to discuss the results |
| 1:16.7 | which saw most people in England and Wales wanting to quit the union while Northern Ireland |
| 1:20.7 | and Scotland voted to stay. Former SMP leader Alex Salmon thinks it could lead to another |
| 1:25.9 | independence referendum in Scotland. |
| 1:28.2 | In Northern Ireland, Sinn Féin's calling for a vote on removing the Irish border. |
| 1:32.4 | Now, the Spanish government says it once shed sovereignty over Gibraltar following the UK's decision to leave the EU. |
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