‘People Are Starting to Worry’ About Jeremy Corbyn, RBS Chair Says

The video discusses the current state of business demand, highlighting that consumer and mortgage demand is soft but manageable, while business investment is weak. It also explores concerns about the potential impact of a Corbin government on British banks, particularly regarding RBS and policies like the financial transactions tax.

What is the current state of consumer and mortgage demand according to the transcript?

• Demand is extremely high and unsustainable.

• Demand is soft but manageable.

• Demand is catastrophic and alarming.

• Demand is perfectly stable and increasing.

How did banks perform in terms of income in the first quarter?

• Income was catastrophic and led to major losses.

• Income was slightly less than expected but not disastrous.

• Income was exactly as expected.

• Income was significantly higher than expected.

What is the current trend in business investment?

• Investment is declining rapidly with no approvals.

• Investment is stable and consistent.

• Investment is weak, with many approvals but low utilization.

• Investment is strong and growing.

What is a potential concern for British banks under a Corbin government?

• The nationalization of all banks.

• The introduction of a financial transactions tax.

• A significant increase in interest rates.

• A complete ban on mortgage lending.

What stance has Corbin's government taken regarding RBS?

• They plan to buy back RBS immediately.

• They intend to sell all remaining shares of RBS.

• They have no specific policy regarding RBS.

• They will neither buy back nor sell more of RBS.