CLEAN : London mayor warns Asia, NY will win out from Brexit

The video discusses the potential impacts of a hard Brexit on London and the UK, highlighting the possibility of businesses relocating to global cities like Hong Kong, Singapore, or New York. It stresses the importance of maintaining access to the single market and attracting talent. The negotiation process is expected to be lengthy, with estimates ranging from two to five years or more. The video emphasizes the need to reassure wealth creators and maintain London's long-standing openness to trade, people, and ideas.

What is a potential consequence of a hard Brexit for London?

• Strengthened ties with the EU

• Firms relocating to other European cities

• Increased investment in London

• Firms moving to cities like Hong Kong or New York

Why is it important for the UK government to recognize access to the single market?

• To improve public transportation

• To increase tourism

• To maintain economic stability and attract talent

• To reduce taxes

How long do experts estimate the Brexit negotiation process might take?

• Between two to five years or longer

• Exactly two years

• Less than a year

• More than ten years

What is a key message to convey to wealth creators and banks regarding Brexit?

• The UK is closing its borders

• Trade is not a priority

• The UK will focus solely on domestic markets

• The UK values trade and is committed to it

What has been a characteristic of London for over 1000 years?

• Strict immigration policies

• Focus on agriculture

• Openness to trade, people, and ideas

• Isolation from global trade