'Hard Brexit' Has Become a Lot Harder in Last Year, Says Juckes

The video discusses the weakening of the British pound, particularly against the euro, and its implications. It highlights concerns about a hard Brexit, which is now seen as a more severe scenario than previously thought. The probability of a disorderly Brexit is increasing, but there is still hope for a deal between the UK and the EU. The video also includes a chart analysis of sterling's performance.

What is the current trend of the British pound against the euro?

• Weakening

• Fluctuating

• Strengthening

• Stable

What is the market's perception of the Bank of England's potential interest rate hikes?

• They are irrelevant

• They are certain to happen

• They are already happening

• They are unlikely to happen

How has the definition of a 'hard Brexit' evolved?

• It now includes staying in the single market

• It now refers to leaving with a deal

• It now refers to leaving suddenly with no deal

• It now includes joining the eurozone

What has increased as decision time for Brexit approaches?

• The likelihood of a second referendum

• The likelihood of a smooth Brexit

• The likelihood of a disorderly Brexit

• The likelihood of no Brexit

What is the UK government's current stance on Brexit negotiations?

• Focused on leaving without a deal

• Completely unchanged

• More realistic and flexible

• Unrealistic and rigid