Brexit Transition a Hang Up for Markets, Says Wood

Brexit Transition a Hang Up for Markets, Says Wood

Assessment

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Business, Social Studies

University

Hard

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The transcript discusses the market's pessimism about future economic conditions, focusing on the transition talks and their potential impact on UK growth. It highlights concerns for the Bank of England, including trade agreements, business investment, and employment. The discussion also covers the Bank's decision to hike interest rates despite unresolved uncertainties and temporary inflation, emphasizing the considerable uncertainty in the economic outlook for the next few years.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's sentiment regarding the 10-year Gilt yield?

Indifferent to economic changes

Confident in immediate recovery

Pessimistic about future prospects

Optimistic about future growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the anticipated outcome of transition talks?

Immediate economic decline

A boost to UK growth

Increased tariffs

Regulatory challenges

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a major concern during the UK's transition period?

Decreasing inflation

Stable trade agreements

Rising employment rates

Economic performance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key concern for the Bank of England regarding trade agreements?

Increasing domestic tariffs

Improving employment rates

Reducing business investments

Maintaining agreements with 67 countries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the Bank of England's rate hike in November surprising?

Because of increased employment

Due to resolved uncertainties

Because of temporary inflation

Owing to stable economic outlook