U.K.'s Zahawi on Manchester Aid, Brexit

The transcript discusses the UK government's efforts to reach settlements with regional leaders, focusing on funding allocations and support for businesses affected by the pandemic. It highlights the economic measures in place, such as the furlough scheme and business interruption loans. The conversation also touches on Brexit negotiations, emphasizing the importance of UK sovereignty and the potential for a Canada-style deal with the EU.

What is the government's approach to supporting businesses that are asked to close?

• Providing full wage compensation

• Offering tax exemptions

• Providing loans with no interest

• Paying 2/3 of wages and offering business grants

What is the government's plan for businesses in Tier 2 affected by reduced demand?

• Mandatory closure with compensation

• Full compensation for losses

• No support is planned

• A new scheme allowing part-time work with government salary support

How does the new scheme replacing the furlough scheme work?

• It provides full salary compensation

• It allows part-time work with shared salary costs

• It offers tax breaks for businesses

• It mandates full-time work only

What was one of the key interventions introduced by the government during the pandemic?

• The furlough scheme

• Mandatory business closures

• Tax increases

• Reduction in public spending

What is the government's stance on Brexit negotiations?

• They are not interested in a deal

• They seek a Canada-style deal

• They want to remain in the EU

• They are undecided on the approach

What positive signal did Michel Barnier give regarding Brexit?

• He proposed a new EU membership for the UK

• He emphasized the need for a balanced compromise

• He rejected any compromise

• He insisted on EU sovereignty over the UK

What is the government's preparation focus for post-Brexit?

• Ensuring business readiness for January 1st

• Increasing trade with non-EU countries

• Rejoining the EU

• Reducing trade with the EU