Michael O'Leary interview on Brexit

The transcript discusses the uncertainties surrounding Brexit, highlighting the lack of a clear government strategy and the potential economic consequences, including capital flight and reduced investment. It reflects on the referendum campaigns, noting the misleading promises made by the exit campaigners. The speaker expresses hope for the UK to remain in the single market to avoid economic downturns and outlines a strategic shift in investment focus away from the UK until more certainty is achieved.

What is the main reason for the uncertainty surrounding Brexit according to the transcript?

• The UK government has a clear plan.

• The UK government lacks a clear negotiating position.

• The European Union is undecided.

• The UK has already left the single market.

What is one of the expected economic consequences of Brexit mentioned in the transcript?

• Stability in the UK economy.

• Flight of foreign capital out of the UK.

• Growth of UK-based companies.

• Increase in foreign investments.

How is Ryanair adjusting its growth strategy in response to Brexit?

• Focusing solely on the UK market.

• Pivoting growth towards continental Europe.

• Maintaining its current growth rate.

• Increasing its growth in the UK.

What regret is expressed by remain campaigners regarding the Brexit referendum?

• The referendum was not held.

• The remain campaigners did not participate.

• The exit campaigners misled people about the consequences.

• The exit campaigners were honest.

What is the hope of remain campaigners for the future of the UK economy?

• That the UK will isolate itself from Europe.

• That the UK will have no economic growth.

• That the UK will stay in the single market.

• That the UK will leave the single market.