Brexit Planning May Cost �65m A Year

Liam Fox expressed optimism about Britain's global role post-Brexit, despite earlier predictions of EU implosion. His speech in Manchester led to speculation about a hard Brexit, with the UK potentially leaving the single market and customs union. Business leaders seek clarity on Brexit's impact, as consumer confidence and economic activity have declined. Lynco Care, a UK exporter, desires clear government guidance on future trade. Fox claims Britain can lead in global free trade, but acknowledges the gap between ideal and actual trade deals.

What was Liam Fox's stance on Britain's future post-Brexit during his speech in Manchester?

• He thought Britain would face economic decline.

• He suggested Britain would rejoin the EU.

• He was optimistic about Britain's global engagement.

• He believed Britain would become more isolated.

What did business leaders speculate about the UK's Brexit strategy?

• The UK would increase tariffs on EU goods.

• The UK would remain in the single market.

• The UK would join the Eurozone.

• The UK was preparing for a hard Brexit.

What did business leaders want from the government regarding Brexit?

• Immediate implementation of new trade deals.

• More clarity on the Brexit plan and priorities.

• A return to pre-Brexit conditions.

• A complete withdrawal from all negotiations.

What is Lynco Care's main concern regarding Brexit?

• The impact on domestic sales.

• Clarity on trade conditions with Europe.

• The need for government subsidies.

• The ability to hire more employees.

What challenge did Liam Fox acknowledge regarding trade deals?

• The difficulty in achieving perfect trade agreements.

• The impossibility of negotiating with the EU.

• The lack of interest from other countries.

• The need to increase tariffs on exports.