A part of me hopes we get a no deal just so the British populace can get some perspective. This level of arrogance and anti-intellectualism is actually sickening for what is meant to be a first world nation. When did believing and rhetoric overtake models and actual evidence based analysis.

Did you notice most of the remainers brought up figures??? Brexiteers hardly ever do.

The mega rich in the UK are loving the thought of no transparency into their dosh in shady off shore havens.

After the Brexit vote, the UK was congratulated on its decision by Trump, Putin and the Islamic State.... do any of these entities have the UK’s best interest at heart?

Hmmmm. Let me think... who should we believe? A load of experts from a wide variety of organisations and industries or Tim Martin, a clueless pub landlord?

Leave means Leave. People in UK didn't vote for any deal, so let's just close airports and borders, separate UK from the rest of the planet, like voters intended.

Tim Martin. 'We should leave the EU!' Five years later 'Could we change the rules on immigration, as I can't get people to work in my pubs!'

But don't forget, to counteract these professional and measured arguments we have Tim Martin slurring in a pub somewhere.

Bottom line, we need Neo to reset the Matrix

Brexit negotiation in a nutshell: UK: We want a unicorn EU: We don't do unicorns. None of us have unicorns, There are no unicorns. UK: But we promised unicorns and the people have spoken. We want unicorns EU: That's not really our problem. There are no unicorns UK: You're being unreasonable. We demand unicorns EU: There are no unicorns UK: You are bullying us with your outrageous demands! EU: Eh? We just said there are no unicorns because... well... there are no unicorns. UK: OK! We get your game. You're stalling! We're prepared to walk away without a unicorn you know! (Thinks: that'll show'em) EU: There are no unicorns. UK: You bastards! Nigel was right. You're out to destroy us. We'll go and speak to Donald instead. HE has unicorns! EU: Errrrrmmm, there ARE no unicorns. UK: That does it. This is our final position. We want unicorns...right now... gold plated... fluent in greek....ermmm.... or we're off! EU: Are you still here? There are no unicorns. UK: DAMMIT! What about a packet of crisps then? EU: Sorry we're busy.

Some idiots voted to get poorer some con men voted to get richer.

I think the people in this country have had enough of politicians.

About 20 years ago, due to a dispute, lorries blocked oil refinaries for a single day and the UK suffered a severe petrol shortage for a day or two at the pumps. I remember it and the nation collectively SHAT itself. To suggest we can deal with disruption this will cause is laughable all for a political vanity project and a national identity crisis.

"The forces of the establishment will say it's controversial, but I think it's common sense" that is the stupidest sentence I have heard in ages. From that alone, you can understand the context of Brexit.

It is very interesting to watch this video a bit more than 2 years later. We can now see all the empty reasons of Brexiters and all the true predictions of remainers. We have to keep on watching videos like this one to remember the stupid No Deal influencers (Roger Bootle " its not a no deal, it is a multi deal; Tim Martin /Wetherspoon, Bill Cash and many more). Agreed we are not (yet?) on a no-deal situation because 1 it is a very thin deal and 2 it is not ratified and in danger never to be. Where are those key no-deal influencers now? Very discreet indeed and probably with a European passport.

This country *hasn't* had its share of experts. More experts on TV, please! It's refreshing.

The whole keep the 39bn thing is hilarious. As if the EU would just let it, the EU will get it's money either now or it'll be first thing on the table come trade deal time. The economic contraction will dwarf 39bn anyway. And as if any other country will want to do a trade deal with a country that can't keep it's promises.

I VOTED FOR LEAVING AND NOT FOR BEING CONFRONTED WITH FACTS!!!

Thanks for the mess, David Cameron...

How is Tim Martin an expert? I'm glad he said orange juice will go down in price, that £1 I spend in Sainsbury's is killing me

A Scotsman, an Irishman and an Englishman go into a pub. The Englishman didn't want to stay so they all had to leave.

Nigel Farage left his office and his job right after the vote, so he hasn't any responsibilities to bear. This tells everything we need to know.

There has been four years to prepare. Four years! Still they talk like it's fallen from the sky? They have no excuse, none whatsoever.

The EU has trade agreements has about 40 free trade deals, covering more than 70 countries. That means the UK, as a member of the EU, can currently trade with countries like Canada without having to pay taxes on imports (tariffs) on most goods. Leaving the EU on a no-deal, not only means having to renegotiate a trade deal with the countries in the EU, it also means renegotiating trade deals with those 70 countries.

I come from a screwed up country, the USA. But from what I've studied is that Brexit will be a mess. When you are in a union you have more variety and power; no union is perfect, but it is better than nothing. The UK has cut themselves off from a more stable base as I see it. I pray Northern Ireland doesn't go back to the time of the "Troubles," again.

THERESA MAY The kind of negotiator to come out of DFS with a full priced sofa.

There cannot be experts on Brexit until it happens

Only a fool bends down and picks up nothing.

We often hear that 90% of British companies don't export. That's not entirely accurate. It's true that hairdressers, cafes, dentists and their equal do not export but many of the manufacturers and service providers who don't export directly do so indirectly. For example, if company A makes bottles and those bottles are used for beer exported by company B, then A is an indirect exporter. When B loses market share because of extra costs or just can't export, A loses as well. Similarly, if famer Jack supplies milk to dairy C and they in turn supply processed milk to yogurt maker D, who exports it's product, then farmer Jack and dairy C are indirect exports and will lose to the same extent or more when D has problems exporting. It could be that all of Jack's milk and 50% of C's produce are exported by another company. The 90% figure has no relavance in the debate. It is used to promote a lie.

“Forget politicians” greatest advice I have ever heard

I think that Britain will prosper out of the EU. Before we joined the EU in the 1970s VAT had not been introduced in which the Pound was linked to the Dollar at the rate of $2.40. Our imports at that time came from the Commonwealth countries more than today and less from Europe. We were advised that joining the European Market would make everyone wealthier however the opposite has occurred with manufacturing jobs being decimated. I can see Britain becoming the Hong Kong to Europe in which we benefit from not being tied to European legislation nor the rising cost of the bureaucracy of the EU. Countries such as Greece, Italy, Spain and Portugal are struggling financially. Empires are built and fall and surely in time the EU will collapse.

There is no such thing as no deal, EU and UK will have to deal with each other under the established WTO rules ... like the rest of the world does

Tim Martin is happy cause a lot of brits will turn to alcoholism

In Greece we had a referendum and it was ignored, no one is able to predict the price of stability. Does eu integration bring stability? In Greece we haven't seen palpable progress in the economy or any measurable goodwill approach from the eu. The European Union is not self reflective in its core. The main question you should be asking is this : do we have a country bent on promoting healthy social cohesion and honest bilateral relations? Will you be bullied into submission or do you promote ideals and policies that will work towards the prosperity of the British people? Don't underestimate the vindictiveness of the European Union.

Project Reality!!! Now where is Rees Mogg????

what i got from this video: a bunch of drunk old men sitting in pubs think no-deal would be smashing, while ceos and actual economy experts say it would be a disaster.

All this so rich tory donors can avoid the new EU tax avoidance laws

UK in very miserable situation. Good luck from India.

So the sum total of the “Brexit Bonanza” is cheaper NZ Sauvignon Blanc in Wetherspoons. Let’s hope it’s several tens of billions £££ cheaper, to partly compensate for the negatives.

I was too young to vote in the referendum that took us into the common market (not EU).I respected the result until we were asked to vote again (in or out). I expect others to respect the result (that's democracy).

What a biased selection! No, Tim Martin is not the only prominent CEO who has it all under control. These people have all been burying their heads in the sand and hoping a multi-deal wouldn't happen, while Tim and the others not featured here were busy sourcing other suppliers and making sure their business would not be affected. And why was he the only one here? Where were all the small business owners who can't wait to throw off the shackles of EU regulations, saving them unnecessary time and effort? Where are the fishermen who want the UK to get its fish back? And why are none of the TV media exploring the possibilities of Article 24 which could alleviate most of these fears? These people seem not to even know about it! So why are prominent business leaders so upset at Brexit? Some are upset because they gain a lot economically from the EU, at the expense of those small businesses I've just mentioned who only trade here but have to comply with all the regulations and extra paperwork. But at the bottom line, many of these people have a romantic dream of the whole world being ruled by a single government, preferably with them in charge. The EU and similar alliances form the building blocks of this globalism and leaving the EU thus goes against their religion. Such a structure would only work with a marvel of selfless perfection in every echelon, people who are so liberal they will allow almost anything to happen without interference. If such people are not found, we will all be forced to become one giant herd who download our opinions daily from our overlords and never deviate for fear of having nowhere to run. That is why Brexit is a vital step in the right direction.

Well done for making clear we should sack the people who had 3 years to get ready!!! And are these the same experts that didn't see the 2008 crash.

No deal = brexit. A deal means Europe still has political & economic power over Britain, so is no Brexit.

As a maker and seller of hand crafted soaps when January comes I will no longer be able to sell my soaps to the EU that is a potential of 27 countries that I can not sell to due to the change in regulations of not being in the EU. I will not be the only one so how is this progress.

"for the people" is the most lyingly overused frase ever imo.

The 39 billion pounds represents money owed to the EU as liability for exiting their club. Its what he UK politicians have signed up for way back without first checking with its people.So really...What does he mean when he says “why should we pay that much money when we get nothing in return ?” If UK doesn’t cough up the 39 bill, the EU will marginalise them economically into poverty so as to discourage other countries from ever following suit. Either way the UK will be the one paying a heavy price by example....as for refusing to pay thinking there will be no consequence ? That’s amateurish ...

It feels like the ground-rush after a free-fall anticipating the impact.

"Free trade deal with the US. That will be the first deal." giggles here from the US.......

The Brexit potential for structural damage to businesses lies in many layers.. 1. All current modelling is based on continued growth. All problems are compiled and amplified in any downturn. this downturn seems to be coming, partly due to Brexit. 2. Brexit impacts main business adagio’s: a. 20% of your clients make 80% of your business/profits b. It costs 10X as much to make a new client than to keep one 3. Even in current day economics, vast percentages of businesses operate in constant survival mode with very low gross and net margins. Very few can afford a 10% drop in sales and hardly any can afford a 10% rise of costs. Brexit will very likely cause both. 4. Costs likely to go up are: a. Currency: Depreciation of GBP b. Tax & Tariffs c. Supply chain handling and financing costs d. Cost of Capital / finance e. Labor costs 5. In manufacturing, the main USP is no longer engineering skills but the capacity to embed products in a highly sophisticated supply chain. it has all to do with integration of systems. Quality control, warrenties handling, ... Once in, you are hard to replace. Once out, you don’t get back in. A disturbed supply chain also means that customers incur significant costs to cope with disruption on their side. This boosts any EU based competitors’ attractiveness. Clients do not adapt well to supplier’s hassles. They may not be in a position absorb the costs for their own competitiveness reasons. 6. Stockpiling is expensive. Since 3 decades, the main drive of productivity is the reduction of inventory. It drastically reduces the need for working capital and risk of inventory depreciation losses. Especially for small businesses, this could prove to be outright impossible. Stockpiling one month worth of goods = 8% of turnover. Most companies only make 5% of turnover as profit.. so stockpiling 1 month of goods = 1,5 years of profits blocked or debt increased. 7. Tarrifs are calculated on goods + clearing. Any handling is 40-60gbp.. This will impact total cost for any order beneath 200GBP packages more than tariffs. This will likely kill off most webshop sales to EU. 8. Disturbed supply chain incurs risks and will impact payment conditions, putting huge stress on cash requirements. Again, small businesses will suffer most. 9. There is nothing the UK makes that competitors don’t make. The strongest MonoIndustry UK has is Finance (City). All other activities operate in a very high competition environment. 10. All the Future Markets (US, China, India, North America, South America,..) are 5 to 10 times farther away. Only very high value products will merit the extra supply chain costs. Covering 800miles of transport on a truck = 24 hours. Covering 3000 miles by boat = weeks. Solving Warranty issues are 5 x as expensive and cumbersome. Distance means local representation is required. This is extremely costly. Fierce competitors are at half the distance away and in place. 11. Many businesses will become chronically un(der)profitable. And reduced rewards no longer allow for increased business risks. A sustained loss of profitability reduces the capacity to finance by more than 60%. Not only to grow, but also to survive any impact. 12. Even if big industry is mainly profit oriented, in a downturn, companies will always favor closing plants in foreign countries. Many main industries are foreign owned and have a production overcapacity. 13. Main industries are best paying ones so even if jobs are found, in 90% of the cases, it is at lower wages or inferior packages. In general, training opportunities are higher in large industries.. If they disappear, whole regions suffer for decades… some never recover.. “ Trickle down” economics work very well with calamities. 14. Most affected will be investment of all kinds. 1 trillion GPB was invested because of EU access. That access will be significantly hindered. How appealing is a depressed UK home market to foreign investors? UK based investors are not in the business of “saving GB” and will look elsewhere. So, when UK will need investment most, it will be less attractive. And TAX incentives are of no meaning when profitability is not guaranteed.

What happened with those leave campaigners that wanted to stay in the CU and SM but now only aim for a no-deal? Why doesn't that upset many leave voters? Before talking with any of those talking heads I'd run a video compilation of them claiming to stay in the SM and CU every single time. Either that or don't go on TV anymore. Face up to your lies.

What exactly is Tim Martin an expert in?

Minette Batters, President of the NU of Farmers, seems to like the EU Common Agricultural Policy. I wonder why? "The Common Agricultural Policy is inefficient, and much of British food production is uncompetitive in the absence of tariffs. And free trade deals of the kind the UK plans to pursue outside the Single Market will hurt farmers even more than the loss of subsidies. Dieter Helm says Brexit is a chance to stop subsidising large landowners and spend more on environmental protection." "The core problem with the early CAP was that it aimed to increase production, and it was very successful in doing so (and it was the explicit objective). Rational profit seeking farmers confronted with guaranteed prices above world market levels, and export subsidies on top, responded as any business would: they increased supply above the competitive market levels dictated by underlying supply and demand. This reduced imports, squeezing developing countries, increased exports, and delivered surpluses. This is exactly what a drive to “food security” requires. Consumers, through significantly higher food bills, paid for all of this. Since food is a basic requirement taking up more of the household budgets of the poor, it was regressive. The poor paid to boost farmers’ incomes. The normal way a market gets rid of surpluses is through the price mechanism. Excess supply leads to lower prices, bringing markets back into equilibrium. The CAP however continued to prop up prices and hence had to resort to direct quantity interventions to try to ameliorate the worst of the consequences. It ended up fixing both prices and quantities. These quantity interventions took the form of quotas and set aside. The former drew the Commission into directly managing outputs, and the latter introduced the idea that farmers would be paid to take land out of production. They were therefore paid to increase production and then paid to stop producing - both at the same time. The enlargement of the EU confronted the Commission with the potential for a very large increase in CAP spending. The new Eastern European countries had a higher dependence on agriculture, and in general poorer farmers. So the total spend had to be capped. It could not be done without the mechanism itself being reformed. The first key breakthrough was to break the link between subsidy and production. Over time the CAP has morphed into a system of income support, largely independent of production. Whilst this allows production to adjust to more market-oriented prices, the worst impacts of the CAP have at least been ameliorated, even if the tariffs were not entirely removed, despite the Uruguay trade round. Now the Commission justifies the main subsidies as a policy “to help stabilise farm revenues in the face of volatile market prices, unpredictable weather conditions and variable input costs.” www.dieterhelm.co.uk/natural-capital/environment/agricultural-policy-after-brexit/

we have already lost jobs at work over Brexit as we supply clothes to the EU, and those stores are worried about tariffs. This is going to be a total disaster, why are we doing this?

Before calling people experts, ask about their track record. Where did they stand on issues such as the Euro? The ERM?

Maybe I'm missing a very simple principal here, but if you incentivize the transporter to complete and submit paperwork before going through customs (i.e. prior to departure) then you will reduce congestion and checks can be more efficiently directed towards those who have not taken such pre-emptive measures (probably catching out more smuglers etc in the process)

How does british farming suffer when in the same video, you reveal that we import 60% of food?

"We know in business that no deal is better than a bad deal"... right don't sell anything then... you'll be out of business in 10 minutes

maby i am wrong ,,,, but ,,,,, when i look at UK politicians i can not help but think that darwin,s evolution theory is wrong

"Crashing out" - "cliff edge" - "abyss" - "catastrophy" I've heard them all now.

As usual Germans and French and the Dutch moaning about a no deal , WE VOTED OUT !!!

Why do so many British people believe that the UK doesn't have to pay their EU bill? That money is their unpaid membership fee. If the UK were to 'dine and dash' they can forget about any deals with the EU.

Were there to be a no-deal departure, the UK will want to make arrangements with the EU on many issues. The EU's first reaction will be: "Where's my 39 billion?".

What these weird business men forget is that the govt is not a business and cannot be run like a business. The govt job is to govern.

sack the whole of the house of commons

First Darwin Award about to be given to a collective...

"A nation can survive its fools and even the ambitious, but not treason from within" Marcus Tullius Cicero, Treason; The action of betraying someone or something Someone; The British people. Fools, Wannabees, Traitors The Wretched Tory Party!

I still don't understand how we were allowed to vote on something which: A. Nobody had a plan for and B. The experts were in agreement that any way of delivering on the referendum would be objectively damaging to our national interests

No deal is mean we gonna eating only fish 3 times a day but in Sunday we gonna enjoy chicken overloaded with chemicals and antibiotics from the USA.Thanks Boris...you really are a bisness and the best economist strategist on this globe😂🤭😁

Good luck UK

Putting it simply. We’re screwed.

So we should buy British products and support our own economy.

I voted Brexit but now I regret it, only plonkers and the ELIT wants that they never made so much money

There you have it right there. "The forces of the establishment say it's controversial...but I think it's common sense." People like this shouldn't be voting.

I think people forget about Northern Ireland when they talk about no deal brexit

Every one of them has either a personal reason or frightened they will have to work.

The guy who said its a multi deal brexit is right. No deal, once passed would be the beginning of our begging tour. Begging for trade deals around the world.

This is absurd... Why didn't you get an expert to talk about how nice the colour blue will be for the passports we won't be able to afford and won't be useful for travel unless we pay for visas each time we go abroad. Britain voted for a blue passport and I think that the people of this country deserve to know if it's a cerulean or an aquamarine.

Its a sign of the times calling people experts on something that has never happened before.

Tim Martin worried about the price of wine and arrange juice. But will he put his prices down, doubtful. Now you understand Brexit: businesses can buy cheaper, sell at the same price or higher and make more profits. It’s nothing to do with making the country fairer and more equal, it never was!!!!

Orange juice goes down...phew that was close..cheap orange juice for everyone🎉🎉🎉 yeay🙌🙌🙌🙌

Parliament is sovereign. If a majority of parliament don't want Brexit, they should stop it. Let Brexiters vote in a UKIP government if they want to their idiocy to happen.

You can see from the slowness of his speech the pub guy thinks at the rate of a pint pour per idea

What I don't get with Brexiters is how fast they want to jump into new deals and how certain they are that these new deals will be better than the ones already in place.

All these people are covering they're own backs and worried about they're own salaries!

How is Tim Martin an expert????

Every person, without exception, who advocate no deal, does nt give a reason why it will be good for the economy. Why? Here's the timescale for no deal: 30 March "see, no problem, a few delays, but we're all ok!" 1 May "ok, so a few prices are going up, there's bound to be adjustment" 1 Sep "why are the prices so high? just be cause there is 15% on imports does not mean prices should rise?" 2020: "why didn't the government tell us this would happen!!!!!?"

Any sensible EU exporter of fresh foods will immediately stop sending shipments once Brexit hits. These companies can't afford to let a single truckload rot away at the border, let alone 120 of them. Societal chaos is only 3 missed meals away. Total anarchy takes 9.

They all forgot to mention the sky collapsing... how could they be so careless with the truth

Cheaper orange juice? It will still take a while even at today's rate of global warming for UK to properly grow oranges. lol

Liam Fox has been trying to get trade deals for 2 years ... result ... 0.

Why do this at all? What is behind it? It makes no sense at all? E.U. has worked for 40 years why break it up now?!

Now, at this rate Scotland would have a better deal with Brussels that with Westminster. Independence for Scotland is inevitable.

Rather than rhetoric, what are the facts of leaving without an agreement. Are there any trade deals ready to go in the next 6 months - no. How much is the government spending on risk mitigation ~2bn. How much is business spending on risk mitigation-

Why do you call them experts, I would call them 'interested' persons with their own agenda

What will become harder is to generate an inordinate profit for very little effort. These people could continue everything as normal, but border controls get stepped up, imports and exports get harder (aka more expensive). These people are all saying "What I do right now will become a lot harder to do" or "I won't be able to make a billion as easily as I do today so now my customers will have to pay more so that I can". Has everyone missed the fact that despite the pound dropping in value, our economy is actually performing better than most of Europe? Humans adapt, it will be no different here, we will eventually all be absolutely fine whatever the outcome.

UK: we want to controle our own borders EU: you do right now within the EU UK: we want to controle our own money EU: errr...you use the pound UK: we want to controle our own laws EU: the UK parliament is making them... UK: we want our own fish EU: why did you sell your quotas then? UK: we want do not want to follow the tax avoidance rule EU: Good luck, see you later when you have a government who has some common sense

NO DEAL is the only deal best option ..do what the people VOTED and leave

Anyone would think Channel 4 news had an opinion on this matter.

The port authorities at Dover and Calais have already slapped down the scaremongering.

This has aged so well😅😅😅 Still waiting on the U.S.A. deal 😅😅😅