U.K.'s May Said Triggering Brexit by Next April

The transcript discusses the UK's potential timeline for triggering Article 50, the political and economic implications of Brexit, and the market's reaction to these developments. It highlights the strategic considerations for the UK in dealing with Germany and France, the challenges in assembling a Brexit team, and the uncertainty facing financial markets. The possibility of the UK seeking a Swiss-style trade deal is also mentioned.

What is the significance of Article 50 in the context of Brexit?

• It is a trade agreement between the UK and EU.

• It is a political alliance between the UK and Germany.

• It is a clause in the Lisbon Treaty for a member state to leave the EU.

• It is a financial regulation affecting the UK economy.

Why is it important for the UK to consider the timing of triggering Article 50?

• To coincide with the UK's fiscal year.

• To avoid clashing with French and German elections.

• To synchronize with the Olympic Games.

• To align with the US presidential elections.

Why does Theresa May need to maintain good relations with Germany and France during Brexit negotiations?

• To secure favorable trade deals and political support.

• To influence EU immigration policies.

• To ensure a smooth transition of power.

• To gain military alliances.

What challenge is the UK facing in preparing for Brexit negotiations?

• Lack of public support for Brexit.

• Insufficient civil servants to formulate a plan.

• Opposition from the US government.

• Inability to find office space in London.

What kind of trade deal is the City of London hoping to achieve post-Brexit?

• A free trade agreement with Australia.

• A bespoke deal similar to Switzerland's.

• A comprehensive deal like the EU-Japan agreement.

• A deal similar to the US-Canada agreement.