I think the first what would happen in the immediate wake…
“I think the first what would happen in the immediate wake of a hard Brexit is a lack of confidence in UK economy. Business is already telling me that they need a year or so to adjust to what is going to change in March 2019. Without a deal, tariffs would immediately kick in and we would need all the physical attributes of a customs border. And that is just the trade aspect. Imagine what would happen if, from one day to the next, we had no aviation agreement or no agreements for dealing with security across Europe.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
A hard Brexit would quickly erode confidence in the UK economy, causing businesses to need time to adapt to new tariffs and border controls, affecting trade, aviation and security.
In simple terms: Brexit could damage confidence and disrupt trade, travel and security.
Key Takeaway
Plan for contingencies and diversify supply chains.
Themes
economics
politics
trade
risk management
Mood
concerned
analytical
Type
policy
forecast
When to use this quote
- business planning
- government policy
- logistics
- risk assessment
Key Concepts
Brexit
customs
tariffs
aviation
security
Questions to Reflect On
- How can firms mitigate sudden trade barriers?
- What alternative routes can maintain security cooperation?
A Different Perspective
If negotiations succeed, impacts may be less severe.