What British and Irish Businesses Need in a Brexit Deal

The video discusses the challenges businesses face in preparing for a no-deal Brexit, emphasizing the need for certainty, legal frameworks, and orderly withdrawal. It critiques Boris Johnson's plan, highlighting issues with proposed borders and the lack of regulatory and customs alignment. The discussion also touches on the backstop and the importance of minimizing regulatory paperwork and tariffs for businesses.

What are the three key needs of businesses that are not met in a no-deal scenario?

• Marketing, branding, and customer loyalty

• Certainty, legal framework, and orderly withdrawal

• Financial support, market access, and tax breaks

• Innovation, technology, and skilled labor

What are the three elements discussed in Boris Johnson's plan?

• Infrastructure development, education reform, and healthcare improvement

• Environmental protection, social welfare, and cultural exchange

• Regulatory alignment, new customs arrangement, and future free trade agreement

• Financial aid, tax incentives, and market expansion

Why is regulatory alignment considered crucial for Ireland, Northern Ireland, and the UK?

• It provides financial aid to struggling businesses

• It promotes cultural exchange and tourism

• It ensures consistent standards and reduces trade barriers

• It enhances technological innovation and research

What is the main concern regarding the new customs arrangement proposed?

• It will cause a shortage of skilled labor

• It will lead to increased tariffs and trade barriers

• It requires significant financial investment and may not be effective

• It will result in environmental degradation

What is the primary goal for businesses and individuals in terms of regulatory and tariff requirements?

• To minimize regulatory paperwork and tariffs

• To maximize profits and market share

• To enhance customer satisfaction and loyalty

• To increase innovation and technological advancement