FIRST AIRED: December 19, 2018

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>> Fuck Brexit.>> Wednesday marks only 100 days to go before Britain finally pulls the trigger and exits the European Union. Or doesn't, because the political situation has become so messy, that no one really knows what's going to happen.>> Have you got a plan B Prime Minister?
00:00:22
>> What is UK bureau chief Guy Faulconbridge.>> When the referendum was held in 2016, it was supposed to resolve all of the questions that have haunted Britain since it lost an empire, and didn't quite know what to do with itself. But after two years, the questions are all open again, and actually Britain is facing a very stuck choice, do you leave without a deal, do you leave with a last minute deal or do you not leave at all?
00:00:48
Something that was unthinkable just a few months ago.>> The Prime Minister.>> Theresa May's deal rubber stamped by the EU is considered the best case scenario by the prime minister's government. But hardliners aren't happy, and there's little chance it will pass when it finally reaches parliament for votes in January.
00:01:06
So that could mean postponing Brexit while negotiations conclude.>> I know this is not everyone's perfect deal, it is a compromise.>> What she doesn't want is leaving without a deal which means the sudden nullification of treaties and rules that govern everything, from financial markets to border checks and food regulation.
00:01:27
It's a scenario the Bank of England once could lead to stoppages, a kin to the 1970s oil crisis, although Brexiters called that overblown. So it's no wonder that with all that uncertainty and the value of the British pound plummeting with it, that calls for another referendum, are suddenly being taken seriously.
00:01:47
To ask British voters again, are you really sure you want to go through with this? Problem is, the 2016 vote was billed as a once in a generation decision, same as another one that failed in 1975.>> Opponents of the European project in Britain have been banging their drums ever since we joined back in 1975.
00:02:06
Now Theresa May is saying, you can't have another referendum, because that would thrust the United Kingdom into turmoil. Another cycle of never endums, that could lose the United Kingdom a decade of growth.>> If you have a referendum on a referendum, what's stopping a third, a fourth for years and years and years?