Life After Brexit: The Future of U.K. Supply Chains
By: Robert J. Bowman, SupplyChainBrain December 09, 2016
The U.K. is making a clean split from the European Union. How will its economy and trading relationships fare in a post-Brexit world?
All signs point to a "hard Brexit" – a complete severing of ties with the European single market. Opponents of the move say it will lead to economic disaster for the U.K. It all depends, of course, on how one views the situation. Is the U.K. leaving the E.U., or joining the rest of the world? Has the E.U. been a help or hindrance to the country's economic state? On this episode, we hear a relatively positive view of Brexit from John Manners-Bell, founder and chief executive of Transport Intelligence. He suggests that the U.K.'s imminent economic independence could open up access to new markets and opportunities, while freeing the nation of the E.U.'s stultifying bureaucracy. But will Brexit trigger additional defections from the troubled E.U.? And might Scotland, which voted to remain in the single market, make another try at breaking free from the U.K.? Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
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John Manners-Bell testifies on the impact of Brexit before the House of Lords' EU External Affairs and Internal Market Sub-Committees.