U.K. Business and the Risk of a No-Deal Brexit

The transcript discusses the concerns of businesses regarding the potential impact of a no-deal Brexit on October 31st. Many companies are worried about stockpiling and the effect on investment and jobs. Political figures like Boris Johnson and Jeremy Hunt have expressed a preference for securing a deal, but the uncertainty remains a significant risk. Businesses are looking for clear signals from the next Chancellor to ensure the UK is open for business, with a focus on immigration policy, business rates, and industrial strategy. The overarching concern is that Brexit continues to dominate business and investment decisions.

How does the speaker describe the current immigration policy's impact on businesses?

What is the number one risk for many firms in the economy according to the speaker?