After Britain’s official departure from the European Union on January 31st, the government faces a divergence dilemma: departing from the EU's rules may mean less access to its markets. The Economist’s Britain business editor Tamzin Booth explains the costs and opportunities of a directive-free future. And Mike Cherry, chairman of the Federation of Small Businesses, and city financier Dame Helena Morrissey discuss what government and business must do to adapt. Patrick Lane hosts

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