Cameron: 'Choppy Waters Ahead' After Brexit Vote

The transcript discusses the economic challenges facing the UK after reducing its deficit, emphasizing the need to reassure businesses about stability. It highlights the impact of the UK's credit rating downgrade on borrowing costs and pension funds. The speaker stresses the importance of maintaining a strong economy to navigate the difficulties anticipated after the EU referendum, acknowledging the challenges ahead and the need for preparedness.

What is one of the key actions suggested to reassure businesses about the British economy?

• Reduce government spending

• Increase taxes

• Hold meetings with business leaders

• Implement new trade tariffs

What was the UK's credit rating downgraded to?

• A

• B

• AA

• AAA

What factor will determine the cost to the exchequer following the credit rating downgrade?

• Tax revenue

• Interest rates in the market

• Inflation rates

• Government spending

What was one of the anticipated consequences of voting to leave the EU?

• Higher employment rates

• Market instability

• Economic growth

• Increased foreign investment

What is essential to cope with the anticipated economic challenges post-referendum?

• A strong economy

• Increased imports

• Higher taxes

• More government regulations