Brexit Causing 'Lose-Lose Situation' for U.K. Businesses, Bilimoria Says

The transcript discusses the reluctance of US businesses to invest in the UK due to Brexit-induced uncertainty. It highlights the ongoing uncertainty since the 2016 Brexit vote, the triggering of Article 50, and the subsequent negotiations. The UK government's red lines in negotiations with the EU have led to a challenging situation for British businesses, which currently benefit from frictionless trade within the EU. The potential loss of this trade advantage is a major concern for businesses that rely on the EU's free trade agreements.

What does the speaker mean by 'you can't have your cake and eat it too' in the context of Brexit negotiations?

Describe the advantages of being part of the European Union from a business perspective.