Blanchflower Says U.K.'s May 'Severely Weakened'

The transcript discusses Theresa May's weakened political position following a vote against her by 117 MPs, highlighting the challenges of passing her Brexit deal. The Brexit deal is deemed unacceptable by many, leading to economic uncertainty and market instability. The Irish backstop remains a critical issue in negotiations with the EU. The discussion also explores potential political scenarios, including leadership changes and the possibility of a Jeremy Corbyn government. The historical context of the Tory party's struggles with European issues is also examined, emphasizing the ongoing chaos in UK politics.

What was the number of MPs that voted against Theresa May, indicating her weakened position?

• 117 MPs

• 80 MPs

• 150 MPs

• 200 MPs

What term does the Bank of England use to describe a no-deal Brexit?

• Chaotic Brexit

• Disorderly Brexit

• Orderly Brexit

• Smooth Brexit

Why is the Irish backstop considered crucial in the Brexit negotiations?

• It ensures a hard border between Ireland and Northern Ireland.

• It prevents a hard border between Ireland and Northern Ireland.

• It gives Scotland special status within the EU.

• It allows the UK to leave the EU without any deal.

What is the main reason for the political impasse mentioned in the transcript?

• The EU's refusal to negotiate further.

• The lack of support for the Brexit deal from both Remainers and Brexiteers.

• The economic growth of the UK.

• The support from the Scottish Nationalists.

What is the potential political outcome for Theresa May as suggested in the transcript?

• She will lead the Conservative Party in the next election.

• She will step down before the next election.

• She will become the EU President.

• She will join the Labour Party.

What is the sentiment expressed about the Tory party's handling of the European question over the years?

• It has been a disaster.

• It has been resolved.

• It has been ignored.

• It has been a success.

What is the potential impact of Brexit on the British economy as discussed?

• Economic growth and stability.

• A slowdown due to political uncertainty.

• Immediate recovery and prosperity.

• Increased foreign investments.