WPP CEO Sees 'Soft, Fast' Brexit as U.K.'s Best Option

The transcript discusses the economic uncertainty surrounding Brexit, highlighting the potential impacts on global growth, inflation, and corporate earnings. It emphasizes the importance of EU markets and bilateral trade agreements with countries like China, India, and Brazil. The discussion also covers wage trends, labor market issues, and economic strategies post-Lehman crisis, focusing on moderate growth and cost management.

What is the expected economic environment following the triggering of Article 50?

• High growth and low inflation

• Low growth and high inflation

• Low growth and low inflation

• High growth and high inflation

What is the primary focus of businesses in response to market uncertainty?

• Expanding into new markets

• Increasing pricing power

• Short-term cost programs

• Long-term investment

Which EU markets are considered crucial for business despite Brexit?

• Germany, France, Italy, and Spain

• Italy, Spain, Portugal, and Greece

• France, Italy, Greece, and Portugal

• Germany, France, Portugal, and Spain

What is a significant concern for businesses regarding Brexit?

• Reduced uncertainty

• Increased pricing power

• Increased investment opportunities

• Limited uncertainty

How have wages been affected in the last decade according to the transcript?

• Decreases in base wages

• Stable with slight increases

• Significant increases in base wages

• Significant increases in incentive compensation

What has been the economic playbook since the Lehman crisis?

• Focus on high growth and high inflation

• Focus on moderate growth and cost management

• Focus on high inflation and low growth

• Focus on increasing pricing power

What is the anticipated economic situation in the UK for 2017 and 2018?

• High growth and low inflation

• High growth and high inflation

• Moderate growth and continued uncertainty

• Low growth and high inflation