The Implications of the Brexit Vote

An Englishman talks about the aftermath of the historic Brexit vote (Britain leaving the European Union).

Self Study

Dictation

Listen to the dialogue in the episode again. Try to write down what they say and then check with the answers below.

Transcript

The recent 'Brexit' vote in the UK was a real shock for me. I genuinely thought we were going to, were going to remain within the EU.

I feel like leaving the EU is a massive mistake for us. I think financially we're going to struggle. I think London, a lot of the UK's economy is based on financial services, based out of London. I think it's going to be very hard for us to compete with financial centres in Frankfurt and Paris, now that we're out of the EU and have less access to trade deals. I think the upswell in nationalist sentiment in the UK is essentially very dangerous. And hopefully it's something that won't go ahead.

Fortunately we haven't invoked 'Article 50' yet, which is the key moment where we actually say that we are definitely leaving the EU, so maybe something could change in the meanwhile.

If not, then I suppose the will of the people has been done.

I don't think a vote as important as membership of the EU should be put over to a referendum. Referenda are actually banned completely in Germany, after the 1940s when Hitler used, sorry, I should say, the 1930s where Hitler used several of them to increase his own powers.

And I do think that this is a decision that the UK, as a whole, will regret.