Hammond: U.K. Government Is a Pro-Business Government

The transcript discusses the UK's position as a globally engaged economy, emphasizing its historical trading links and unique economic stance. It addresses perceptions of the UK government as potentially anti-business, clarifying its pro-business stance. The challenges of globalization are highlighted, noting the need to engage those feeling left behind by the economic model. The role of government in addressing market failures and ensuring a healthy economic model is also discussed.

How is the UK's economy described in terms of its global position?

• As primarily focused on Asia

• As isolated from global markets

• As more Mid-Atlantic

• As closely tied to Europe

What was a common interpretation of Theresa May's speech in New York?

• It emphasized cultural ties

• It focused on environmental issues

• It was critical of business

• It was supportive of business

What is the government's stance on markets and trade?

• Neutral and non-interventionist

• Pro-business and supportive of free trade

• Anti-business and protectionist

• Focused on domestic markets only

What challenge is highlighted regarding market capitalism?

• Excessive government control

• Over-reliance on agriculture

• Disengagement of populations

• Lack of technological innovation

What role does the government see for itself in maintaining a healthy economic model?

• Promoting isolationist policies

• Focusing solely on tax reductions

• Intervening to address market failures

• Avoiding any market intervention