No Signs of May Reaching Brexit Compromise, Cicero Group Says

The transcript discusses Theresa May's strategic use of deadlines in Brexit negotiations, focusing on the backstop issue and potential concessions from the EU. It explores political risks, including the possibility of a general election and Jeremy Corbyn's potential leadership. The role of Parliament in Brexit decisions is examined, along with market reactions and economic implications, highlighting the uncertainty and volatility surrounding Brexit.

Why is the March 29th deadline crucial in Theresa May's Brexit strategy?

• To finalize trade agreements

• To pressure parties into making concessions

• To align with EU regulations

• To prepare for a general election

What are the three options Theresa May considered for the backstop issue?

• Technological solutions, time limit, unilateral exit

• Customs union, single market, no deal

• Free trade agreement, customs checks, border wall

• Joint sovereignty, shared governance, open borders

What could trigger a general election in the UK according to the discussion?

• A successful Brexit deal

• A change in the Labour Party leadership

• Paralysis in Westminster

• A new EU referendum

Who is currently seen as a leading candidate for the next UK Prime Minister?

• David Cameron

• Theresa May

• Boris Johnson

• Jeremy Corbyn

How is the market reacting to the possibility of a no-deal Brexit?

• By stabilizing the currency

• By increasing interest rates

• With high volatility in sterling

• By reducing trade tariffs

What is the current state of volatility in sterling according to the discussion?

• Lower than average

• Unpredictable

• Average for the last 10 years

• Higher than average

What is the main concern of businesses regarding Brexit negotiations?

• Lack of government support

• High taxation rates

• Intractable backstop issue

• Increased competition from EU