What Are the U.K.'s Brexit Business Priorities?

The transcript discusses the complexities of Brexit negotiations, highlighting the differing stances of the UK and EU, particularly regarding the sequence of negotiations and financial settlements. John Major's critical perspective on Brexit is presented, emphasizing potential disappointments in immigration and trade agreements. The economic implications for the UK are explored, noting the undervaluation of Sterling, easy monetary policy, and consumer confidence challenges due to rising inflation and stagnant wages.

What is the main difference between the UK and EU's stance on Brexit negotiations?

• The UK wants to negotiate trade deals first.

• The EU wants to negotiate trade deals first.

• The UK wants to negotiate exit terms first.

• The EU wants to negotiate exit terms first.

According to John Major, what might voters face disappointment in?

• Reducing taxes

• Increasing immigration

• Reducing immigration

• Increasing trade barriers

What is one of the economic challenges mentioned in the context of Brexit?

• Rising inflation due to the devaluation of the pound

• Decreasing public sector investment

• Increasing consumer confidence

• Strengthening of the pound

What is the expected impact on consumer spending due to Brexit?

• No change in consumer spending

• Increase in consumer spending

• Slowdown in consumer spending

• Rapid growth in consumer spending

What is the UK's current monetary policy stance?

• Tight monetary policy

• Neutral monetary policy

• Super easy monetary policy

• Restrictive monetary policy