May to Offer Brexit Plan for Parliamentary Debate

The transcript discusses the legislative and economic implications of Brexit, focusing on the short bill proposed by the Supreme Court, the role of parliamentary scrutiny, and the expected timeline for negotiations. It highlights the challenges in passing the bill through Parliament, the potential economic impact on the UK, and the uncertainty surrounding the process. The discussion also touches on market reactions and the importance of timing in the Brexit process.

What is the main goal of the UK government regarding the Brexit bill?

• To make it as lengthy as possible

• To delay the process beyond March

• To avoid parliamentary debate

• To ensure it is amendment-proof

What is the 'ping pong' process in the context of the Brexit bill?

• A process where the bill is passed between the two Houses of Parliament

• A back-and-forth between the UK and EU negotiators

• A negotiation tactic used by the Prime Minister

• A series of debates within the House of Commons

How long is the Brexit negotiation expected to take?

• Six months

• Two years

• One year

• Three years

What is a potential consequence of the uncertainty surrounding Brexit negotiations?

• Increased investment in the private sector

• Immediate clarity on economic policies

• Strengthening of the UK's current account

• Damage to investment in the private sector

What is the current account deficit of the UK as a percentage of GDP?

• 10%

• 6%

• 3%

• 12%

How has the fall in sterling affected overseas investors' interest in UK government bonds?

• Increased their interest

• Had no effect

• Decreased their interest

• Made bonds more expensive

What is the perceived threat to the UK's sovereign creditworthiness over the next few years?

• It will remain unchanged

• It will improve significantly

• It is not seen as under serious threat

• It is under serious threat