Terra Firma's King Expects a Last-Minute Brexit Deal

The transcript discusses the challenges businesses face in preparing for Brexit, highlighting the uncertainty surrounding a deal and its implications. It emphasizes the logistical issues, potential for increased paperwork, and the impact of tariffs. The speaker anticipates a last-minute deal but notes that even with a deal, significant complications, especially concerning Northern Ireland, are expected. The discussion also touches on the potential friction at borders and the effect on industries reliant on seamless supply chains.

What is one of the main challenges businesses face in preparing for Brexit?

• Reducing product prices

• Predicting the exact nature of the deal

• Hiring more employees

• Expanding their physical locations

Why does the speaker believe a last-minute Brexit deal is likely?

• Due to a decrease in political tensions

• Due to a lack of public interest

• Because it is in everyone's political interest

• Because businesses are fully prepared

What is expected to increase regardless of the Brexit deal outcome?

• The level of public protests

• The number of employees in businesses

• The amount of paperwork

• The number of trade agreements

What could cause significant friction at the border post-Brexit?

• A decrease in trade volume

• An increase in tourism

• The involvement of tariffs

• A lack of trained personnel

Which industry is specifically mentioned as being affected by supply chain issues?

• Construction

• Pharmaceuticals

• Electric vehicles

• Textile industry