Deloitte's Stewart Says Brexit Dominates Business Sentiment

The video discusses the concerns of UK corporates, focusing on Brexit and its impact on business sentiment. Despite Brexit uncertainties, there is a global optimism and a dual focus on cost control and growth. Investment and hiring intentions are explored, revealing a cautious yet opportunistic approach. The Bank of England's focus on hiring expectations and wage growth is highlighted, with concerns about the potential slowdown in employment growth.

What is the primary concern for UK corporates according to the survey?

• Environmental regulations

• Technological advancements

• Brexit

• Global competition

How do UK companies plan to manage costs amidst Brexit uncertainties?

• By focusing on cost control

• By increasing marketing budgets

• By hiring more staff

• By expanding into new markets

What is the dual approach UK companies are taking in response to Brexit?

• Reducing costs and halting growth

• Investing heavily in technology and reducing workforce

• Controlling costs while seeking growth opportunities

• Focusing on domestic markets and ignoring global opportunities

What is the current sentiment of UK companies towards capital expenditure and hiring?

• They are very optimistic and increasing investments

• They are focusing solely on international expansion

• They are cautious but open to growth opportunities

• They are reducing investments and hiring significantly

What is the Bank of England's concern regarding the labor market?

• The increase in part-time jobs

• The growth of the gig economy

• The decline in hiring expectations

• The rise in automation