How Much Is Brexit Costing the U.K.

The video discusses the ongoing Brexit negotiations, focusing on Theresa May's Chequers plan and the EU's opposition, particularly regarding the Irish border. It explores the potential economic impacts on the UK, including currency fluctuations and investment strategies. The discussion also covers the likelihood of a withdrawal agreement and the implications of a no-deal Brexit, highlighting the need for a transition period. The video concludes with insights into future economic prospects and the potential for Brexit in name only.

What was Theresa May's position on calls for a second Brexit vote?

• She proposed a third vote.

• She refused to give in to those calls.

• She was undecided.

• She supported the idea.

What is the main issue remaining in the Brexit withdrawal agreement?

• Security arrangements

• The Irish border

• Trade agreements

• Fishing rights

What might happen even if a no-deal Brexit occurs?

• Immediate implementation of new rules

• A transition period will be necessary

• No changes for businesses

• Immediate economic growth

How is the UK economy described in terms of its focus?

• Internationally focused

• Domestically focused

• Locally focused

• Regionally focused

What is crucial for moving forward with Brexit according to the discussion?

• Finalizing trade agreements

• Resolving the Irish border issue

• Reducing immigration

• Increasing interest rates