FTSE 250 Erases Brexit Losses

The video discusses the Footsie 250's recovery from post-Brexit losses, aided by better-than-expected GDP numbers. It covers Statal's financial challenges due to weak oil markets, leading to spending cuts. Air France KLM's profit increase is highlighted, despite market deterioration from terrorist attacks affecting tourism. The video concludes with UK GDP growth data and concerns about a potential recession post-Brexit.

What significant event did the Footsie 250 index recover from?

• The COVID-19 Pandemic

• The Brexit Vote

• The Dot-com Bubble

• The 2008 Financial Crisis

What strategy is Statal employing to manage its financial situation?

• Expanding into new markets

• Merging with another company

• Increasing oil production

• Cutting spending and reducing costs

What was the percentage increase in Air France KLM's second quarter operating profit?

• 50%

• 77%

• 100%

• 25%

What external factor is affecting Air France's market conditions?

• Labor strikes

• Terrorist attacks

• Rising fuel prices

• New airline regulations

What is the potential economic concern for the UK post-Brexit?

• Recession

• Inflation

• Deflation

• Economic boom