Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Innovation
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and Order Management
    • Content and Data
    • Financial Data Management
    • Integration and Distribution
    • Bloomberg Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Innovation
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and
      Order Management
    • Content and Data
    • Financial Data
      Management
    • Integration and
      Distribution
    • Bloomberg
      Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

MenuSearch
Bloomberg
Sign InSubscribe
  • Home

  • Markets

  • Technology

  • Politics

  • Wealth

  • Pursuits

  • Opinion

  • Businessweek

  • New Economy

  • Green

  • CityLab


  • Quicktake

  • Bloomberg TV+

  • Podcasts

  • Radio


  • Newsletters

  • Watchlist

  • Subscribe

  • Sign in


  • Submit a Tip

  • Help Center

  • License

Read
  • Bloomberg New Economy
  • Future Finance
  • Wealth
  • Next China
  • Crypto
  • Checkout
  • Hyperdrive
  • Well Spent
  • Prognosis
  • Equality
  • Good Business
  • Billionaires
  • Graphics
  • Sponsored Content
  • Screentime
  • Retirement Center
Watch
  • The David Rubenstein Show
  • Art + Technology
  • Future GO
Special Reports
  • Where to Invest $10,000
  • 50 Companies to Watch in 2018
  • Where to Invest $1 Million
Follow
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
Read
  • Economics
  • Deals
  • The FIX | Fixed Income
  • ETFs
  • FX
  • Factor Investing
  • Alternative Investing
  • Markets Magazine
Watch
  • Daybreak
  • Surveillance
  • Markets
  • What'd You Miss
  • Real Yield
  • Charting Futures
  • Futures in Focus
Follow
  • Twitter
  • Facebook
Data
  • Stocks
  • Currencies
  • Commodities
  • Rates & Bonds
  • Sectors
  • Economic Calendar
Listen
  • What Goes Up
  • Stephanomics
  • Odd Lots
  • Surveillance
  • P&L
  • Trillions
Read
  • Work Shifting
  • Code Wars
  • Startups
  • AI
  • Mobile
  • Big Data
  • Cloud Computing
  • U.S.
  • Global
Special Reports
  • The Elon Musk Tracker
  • Tesla Model 3 Tracker
Watch
  • Bloomberg Technology TV
  • Studio 1.0
Listen
  • Decrypted
Follow
  • Twitter
  • Facebook
Read
  • Election 2020
  • Trump Tracker
  • Global Trade Tracker
Listen
  • Sound On
  • Bloomberg Law
Watch
  • Balance of Power
Subscribe
  • Balance of Power
Follow
  • Twitter
  • Facebook
Read
  • Investing
  • Living
  • Opinion & Advice
  • Savings & Retirement
  • Taxes
  • Reinvention
Watch
  • Good Money
Listen
  • The Paycheck
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Travel
  • Autos
  • Homes
  • Living
  • Culture
  • Style
Special Reports
  • Property Listings
  • London Property Prices
  • New York Property Prices
  • How to Spend Your Bonus
Watch
  • Made
  • Traveler
  • Invitation Only
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Editorials
Follow
  • Twitter
  • Facebook
  • Instagram
Listen
  • Masters in Business
Subscribe
  • Bloomberg Opinion Today
  • Money Stuff
  • Ritholtz's Reads
  • Early Returns
  • Sparklines
Special Reports
  • Sooner Than You Think
  • Business of Equality
  • The Year Ahead: 2020
  • The Bloomberg 50
  • Best B-Schools
Watch
  • Hello World
The Magazine
  • Subscribe
Follow
  • Twitter
  • Facebook
  • Instagram
Watch
  • New Economy Conversation Series
Listen
  • Stephanomics
Subscribe
  • Turning Points
Follow
  • Twitter
  • Facebook
  • New Economy Forum
Read
  • Science & Energy
  • Climate Adaptation
  • Finance
  • Politics
  • Culture & Design
Special Reports
  • Data Dash
Subscribe
  • Daily newsletter
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Design
  • Culture
  • Transportation
  • Economy
  • Environment
  • Housing
  • Justice
  • Government
Subscribe
  • Daily newsletter
Follow
  • Twitter
  • Facebook
  • Instagram
  • LinkedIn
Live
  • Watch Now
Original Series
  • Storylines
  • Moonshot
  • Hello World
  • Good Money
  • Game Changers
  • CityLab Solutions
  • Accelerate
  • See all series...
Follow
  • YouTube
  • Twitter
  • Instagram
  • Facebook
Watch Live TV
  • US
  • Europe
  • Asia
  • Australia
  • Schedule+Shows
Shows
  • Surveillance
  • Daybreak
  • Markets
  • Balance of Power
  • What'd You Miss?
  • Bloomberg Technology
  • All Shows...
Follow
  • YouTube
  • Twitter
  • Facebook
Listen
  • What Goes Up
  • Stephanomics
  • Odd Lots
  • Decrypted
  • Masters in Business
  • Surveillance
  • P&L
  • Businessweek
  • The Pay Check
  • Prognosis
  • Travel Genius
  • Works for Me
  • Trillions
  • All Podcasts…
  • All Radio Shows…
Live on Bloomberg TV

CC-Transcript

  • 00:00A PROFESSOR OF POLITICS AND INTERNATIONAL RELATIONSHIP AT THE DIVERSITY OF KENT IN THE U.K. IT FEELS LIKE WE ARE IN THIS TERRIBLY ENDLESS, CIRCULARS ADVENTURED TYPE TELEVISION SHOW. WHAT ARE THE NEXT STEPS? IT WAS INTERESTING THAT THERESA MAY BROUGHT UP THE IDEA OF A SECOND REFERENDUM WHICH WE HAVE NOT REALLY HEARD HER SAY BEFORE. RICHARD: SHORT-TERM, IT IS CLEAR WE HAVE MORE PARLIAMENTARY ACTION OF THE NEXT FEW DAYS. HAIDI: THE VOTE TO EXTENT. RICHARD: NO DEAL IS CLEAR. THERE WAS A MAJORITY IN PARLIAMENT THAT SAYS IT DOES NOT WANT TO GO INTO A NO DEAL BREXIT. THE QUESTION IS THIS EXTENSION POSSIBILITY, BUT FOR HOW LONG? THAT IS THE EU'S DECISION. IN THE SHORT-TERM, A GREAT DEAL OF POLITICAL TURBULENCE IN THE U.K. HAIDI: TUSK'S SPOKESMAN SAYING THERE HAS TO BE CLEAR JUSTIFICATION. HOW DO YOU PUT A DURATION ON HOW MUCH TIME THEY NEED TO SORT THIS MESS OUT? RICHARD: IT IS A REAL ISSUE BECAUSE KICKING IT DOWN THE ROAD, YOU'LL STILL FACE THE PROBLEM IN PARLIAMENT. CAN THERESA MAY PUT THE SQUEEZE ON MORE IN HER PARTY TO GET THE DEAL THROUGH? IT DOES NOT LOOK LIKE THAT AT THE MOMENT. EVEN LABOR MPS HAVE NOT ON HER WAY. EVEN FROM HER CONSTITUENCIES. SO FAR, SHE IS REALLY STUCK IN A PLACE THAT IT IS NOT EASY FOR HER TO THINK ABOUT A WAY FORWARD, ON THE BASIS OF THE CURRENT DEAL. SHERY: SHE LOST BY 149 VOTES WHICH IS SMALLER LOSS THAN WHAT SHE FACED BACK IN JANUARY. WHERE DOES THAT PUT THIS REVISED DEAL WHICH SHE WORKED ON FOR THE LAST TWO YEARS? RICHARD: THE GOVERNMENT'S APPROACH HAS BEEN TO BASICALLY PILAF MEMBERS OF HER OWN PARTY BY MAKING IT APPEAR SHE HAS A BETTER DEAL. THAT DIDN'T WORK. THE ATTORNEY GENERAL'S ADVICE REALLY DID FALL. THE APPROACH WAS TO PEEL OFF SOME LABOR MP'S. THAT ALSO HAS NOT WORKED. WHAT WE HAVE SEEN IS A CLEAR SENSE OF WHERE PARLIAMENT IS AT WHICH IS NOT LIKING THE DEAL THAT SHE'S GOT. THE GOAL IS PREDICATED, WHICH IS WHY YOU NEED THE BACKSTOP, HAVING RULED OUT COMING OUT OF SINGLE MARKETS. DO WE SEE A SOFTENING OF WHAT THE U.K. SEEKS TO GET? THAT WOULD BE A JUSTIFICATION FOR THE EU TO MAYBE THINKING ABOUT GOING BACK INTO RENEGOTIATION WITH THE U.K. BUT NOT IN THE SHORT-TERM. THEY WILL WANT TO SEE MUCH GREATER CLARITY FROM THE BRITISH GOVERNMENT. SHERY: IT WOULD BE INTERESTING TO SEE THE REACTION FROM THE EUROPEAN UNION, WHICH HAS HAD A COORDINATED RESPONSE EVERY TIME SOMETHING HAPPENS WITH BREXIT. FRANCE TALKING ABOUT A DELAY OF BREXIT ON ALTERNATIVE STRATEGY FROM THE UNITED KINGDOM, WHICH IS SOMETHING DONALD TUSK HAS SAID. HOW UNITED HAVE THEY BEEN IN THE RESPONSE TO BREXIT? RICHARD: THIS IS ONE OF THE MOST REMARKABLE THINGS, THAT THE EU 27 HAVE HAD A COMMON PURPOSE AND MANAGED TO HOLD A LOT IN TERMS OF NEGOTIATIONS. I THINK IN THE SHORT-TERM, THEIR INTEREST WILL BE TO MITIGATE THE DAMAGE FOR THEMSELVES. I THINK THEIR INTEREST IS PROBABLY GOING TO THE IN AN EXTENSION OF THE ARTICLE 50 PERIOD, NOT NECESSARILY FOR THE U.K., BUT SO THEY CAN DO MORE NO DEAL PREP. THAT IS WHERE THEY ARE AT THE MOMENT, SEEING A BRITISH GOVERNMENT THAT IS FATALLY WOUNDED BUT CANNOT IDENTIFY A CLEAR WAY FORWARD FOR THE U.K. THEY WERE PROBABLY WANT SOME TIME AS WELL TO GET THEIR AFFAIRS IN ORDER, BUT THIS IS NOT GOOD FOR BOTH SIDES. HAIDI: IN A MOST OF LIKE THERESA MAY CAME BACK FROM STRASBURG WITH A LITTLE MORE LEVERAGE BECAUSE WE HEARD JEAN-CLAUDE JUNCKER SAY THIS IS THE FINAL THE. WE KNOW WITH ECONOMIC GROWTH BEING WEAKER IN EUROPE. DO THEY HAVE MORE ROOM TO GET? RICHARD: I THINK THE PROBLEM IS WHAT THE BRITISH GOVERNMENT'S REDLINES ARE. THE EU FEELS LIKE THEY HAD GONE TO THE LIMIT TO WHAT THEY CAN OFFER. I THINK MOST COMMENTATORS DID NOT EXPECT THAT EVERYTHING WOULD HANG ON THIS ISSUE, THE SO-CALLED IRISH BACKSTOP ISSUE. THE ONLY WAY TO SOFTEN THAT, THE ONLY WAY FOR THE EU TO COME BACK WITH SOMETHING DIFFERENT IS FOR THE BRITISH GOVERNMENT TO SHIFT ON ITS RELATIONSHIP TO A SINGLE MARKET POST-BREXIT. THEN, YOU HAVE DIFFERENT KINDS OF OPTIONS FOR NORTHERN ISLAND. THIS GOVERNMENT DOES NOT WANT TO DO THAT SO THE QUESTION ARISES. HAIDI: MAY'S POSITION HAS BEEN IN PERIL FOR WHITE SOMETIME BUT DO YOU EXPECT HER TO FILL OUT A JOB IN THREE MONTHS, A SECOND REFERENDUM TO BE A REALISTIC OPTION? RICHARD: A SECOND REFERENDUM IS SOMETHING THAT CANNOT BE RULED OUT. A GENERAL ELECTION IS A MORE LIKELY PROPOSITION. A GENERAL ELECTION IS LIKELY TO LEAD TO A COALITION OR INCONCLUSIVE TYPE SCENARIO WHICH MEANS THE PROSPECTS OF A COALITION GOVERNMENT FOR THE U.K. IF YOU HAVE A GENERAL ELECTION, THE PARTIES CAN OFFER THE OPTION OF A SECOND REFERENDUM. PARLIAMENT WILL NOT VOTE FOR A
  • NOW PLAYING

    British Government Is 'Fatally Wounded,' Professor Whitman Says

  • 48:06

    Wall Street Week - Full Show (01/08/2021)

  • 08:45

    Pace of Vaccinations Not a Pretty Picture: Summers

  • 02:10:44

    'Bloomberg Markets: The Close' Full Show (01/08/2021)

  • 08:02

    Douglas Elliman CEO on Housing Hike

  • 05:56

    Discovery+ Is One of One: Zaslav

  • 06:11

    Stocks Saw Georgia Runoffs as Net Positive: Invesco's Hooper

  • 02:06

    Discovery Enters Streaming Wars

  • 07:44

    Challenges for Jamaica's Economy

  • 45:49

    'Bloomberg Technology' Full Show (01/08/2021)

  • 24:01

    Trump Should Resign Now, Says Maryland's Republican Governor

  • 06:54

    It's Dangerous for Trump to Be on Twitter, Says Proyecto Solace Founder

  • 02:50

    CES Is Going Completely Virtual

  • 05:23

    'Extreme Enthusiasm' in the Market as S&P 500 Hits Record: Ben Emons

  • 06:00

    A Quiet, Steady, More Sustainable Climb for Crypto: Jill Carlson

  • 02:52

    Biden Will Introduce Immigration Bill Immediately

Stream Schedule:

U.S. BTV+
  • U.S. BTV+
  • U.S. BTV
  • Europe BTV
  • Asia BTV
  • Australia BTV
  • U.S. Live Event
  • EMEA Live Event
  • Asia Live Event
  • Politics Live Event
No schedule data available.

British Government Is 'Fatally Wounded,' Professor Whitman Says

  • Bloomberg Daybreak: Australia

  • TV Shows

March 12th, 2019, 11:40 PM GMT+0000

Richard Whitman, professor at the University of Kent and an associate fellow at Chatham House, talks about the Brexit negotiations. U.K. Prime Minister Theresa May’s Brexit deal was rejected once again by Parliament, throwing the country deeper into political crisis and raising the prospect that the divorce will be delayed or even reversed. Whitman speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)


  • More From Bloomberg Daybreak: Australia

    • 04:50

      Gradient's Montagne Betting on Value, REITs

    • 02:59

      Bitcoin Rally Extends Into New Year

    • 02:42

      Chinese Oil Majors May Face U.S. Delisting After Telcos Cut

    • 03:35

      China, EU Give Nod to Market-Opening Investment Pact

    All episodes and clips
  • Bloomberg Markets

    "Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.
    More episodes and clips
    • 02:10:44

      'Bloomberg Markets: The Close' Full Show (01/08/2021)

    • 45:49

      'Bloomberg Technology' Full Show (01/08/2021)

    • 45:59

      'Balance of Power' Full Show (01/08/2020)

    • 07:48

      Rep. Maloney Says Trump Can't Be Trusted With Nuclear Codes

  • QuickTake

    Explaining the world with Bloomberg News
    More episodes and clips
    • 05:38

      Handshake Apartments in China's Tech Hub

    • 03:33

      Technically Speaking: A Computer Kit Kids Can Build

    • 05:32

      Is Jet Biofuel Finally Taking Off?

    • 04:08

      Where Will the Shale Revolution Carry America?

  • The David Rubenstein Show

    The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.
    More episodes and clips
    • 24:04

      The David Rubenstein Show: WEF Chairman Klaus Schwab

    • 24:05

      The David Rubenstein Show: Disney Exec. Chairman Bob Iger

    • 24:05

      The David Rubenstein Show: GSK CEO Emma Walmsley

    • 24:00

      The David Rubenstein Show: Jazz Musician Wynton Marsalis

See all shows
Terms of Service Trademarks Privacy Policy ©2021 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Contact Us Help