CBI's Fairbairn on Trade, Brexit Business Impact

The transcript discusses the potential impacts of Brexit on trade, highlighting tariffs and non-tariff barriers. It covers the uncertainty faced by UK businesses and their contingency plans. The conversation explores optimism about reaching a trade deal, the challenges of negotiations, and the potential silver lining of increased productivity. The psychological and economic perspectives on Brexit are examined, along with the concept of a 'good Brexit'. The Irish border issue is a significant challenge in the negotiations, requiring flexibility and reciprocity from the EU.

How do businesses perceive the current situation regarding Brexit negotiations?

What is the speaker's view on the psychological narrative surrounding Brexit?

What challenges are associated with maintaining a frictionless border between Ireland and the UK?