Benefits From Canada-Style Deal Might Outweigh Brexit Bill

The transcript discusses the Brexit divorce bill, highlighting its financial range and the methodology agreed upon. Bloomberg Economics suggests the bill is a low price compared to potential economic losses from a no-deal Brexit. The House of Lords, with a pro-remain majority, may challenge Brexit, risking a constitutional crisis. There is also talk of a second referendum, with EU figures expressing hope for the UK to reconsider Brexit.

What is the estimated range of the Brexit withdrawal bill?

• £40 billion to £44 billion

• £30 billion to £34 billion

• £35 billion to £39 billion

• £45 billion to £49 billion

According to Bloomberg Economics, how long might it take for the withdrawal bill to pay for itself?

• Five years

• Three years

• Two years

• One year

What is the next step for the withdrawal bill after passing the House of Commons?

• Public referendum

• Signature by the Prime Minister

• Review by the House of Lords

• Approval by the European Union

What could happen if the House of Lords pushes too far in blocking the withdrawal bill?

• A constitutional crisis

• Reform of the House of Commons

• A new general election

• Immediate Brexit without a deal

What has sparked hope in the EU regarding the UK's decision on Brexit?

• The UK's political stability

• The UK's trade deals with other countries

• The UK's economic growth

• The possibility of a second referendum