No-deal Brexit would be a ‘disaster’ – Mo tells the BBC

No-deal Brexit would be a ‘disaster’ – Mo tells the BBC

September 26, 2019: The BBC turned the spotlight on Stoke on Trent to look at how the city is shaping up for Brexit – and Mo made two live appearances.

First, he was interviewed on the BBC Breakfast programme, and then had another chat with business reporter Danni Hewson for the BBC News channel’s afternoon slot.

Asked about how the Brexit negotiations will impact on the city, he said: “This Brexit scenario has to happen one way or the other – but we need a deal. Without a deal it’s going to be disastrous for all concerned.

“If we don’t get a deal, then economically, the most conservative estimate is that 10% of our GDP will be lost, which effectively means 10% of our income.

“But entrepreneurs and business people are adaptable. Whatever happens, we will take on new challenges, and move forward. The people who will suffer the most are those who perhaps are not so adaptable.”

Asked if he thought businesses were prepared for Brexit, Mo added: “Well, who is prepared? How can you be prepared, because we don’t know what’s happening. We don’t know if there’s going to be a Brexit, if there’s going to be a deal, or no deal – and the fact of the matter is that these uncertain times are not good for business.

“I’m an advocate for enterprise, and looking internationally. The place of my birth is Pakistan, and when I went there last year I saw a world of opportunities. It’s all there to be grabbed.”

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