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Business Matters: British PM suffers new Brexit defeat

British PM suffers Brexit defeat

13/03/2019 GMT

British PM suffers new Brexit defeat

BBC World Service - Business Matters, British PM suffers new Brexit defeat

British MPs have voted against Theresa May's EU withdrawal deal for the second time

British lawmakers have voted by a majority of 149 against Theresa May's EU withdrawal deal. We get reaction from John Longworth, chairman of pro-Brexit group Leave Means Leave and Allie Renison, from the Institute of Directors. We also hear from Clemens Fuest, who heads the Institute for Economic Research in Munich; and what is the reaction amongst businesses in Northern Ireland? John Campbell is the BBC's business editor in Belfast. Professor Raghuram Rajan who has recently been linked to the upcoming vacancy at the Bank of England, has just written a book warning about the shortcomings of capitalism; the BBC's Rob Young asked him if capitalism is broken. And in Canada, the province of Alberta is making a drive to increase oil production, we hear from Kat Eschner who's been covering the story for CNBC.com.  Also on the programme, makers of traditional camembert cheese are upset with French lawmakers amid a labelling row; we hear from Veronique Richez-Lerouge, president of the Association of Terroir Cheese. And joining us throughout the programme are Sushma Ramachandran, the former Business Editor of The Hindu - she's with us from Delhi, Ralph Silva of the Silva Research Network is with us from Toronto and the economics commentator Dr Stephanie Hare is in the London studio.

(Image: Theresa May leaving 10 Downing Street. Credit: Getty Images.)

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