Pound to Stay Volatile as Brexit Endgame Still Unclear, Dixon Says

The transcript discusses the UK's Brexit negotiations, highlighting the lack of domestic gains and the EU's unwillingness to renegotiate. It explores Parliament's role in preventing a hard Brexit through amendments and the potential outcomes if Theresa May's deal is rejected. The political dynamics within the Conservative Party, particularly Boris Johnson's influence, are examined. The discussion concludes with the market's reaction to Brexit uncertainties, focusing on currency volatility and potential economic impacts.

What is the main reason the EU is unwilling to renegotiate the Brexit deal?

• They want to punish the UK for leaving.

• They have already attempted to pacify Brexit supporters once.

• They are waiting for a new UK Prime Minister.

• They believe the current deal is perfect.

What is one of the strategies the UK Parliament is using to avoid a hard Brexit?

• Introducing insurance policies through amendments.

• Ignoring the Brexit process altogether.

• Holding a public referendum immediately.

• Negotiating directly with EU leaders.

What might happen if Theresa May's deal is voted down by Parliament?

• The UK will have to hold a general election.

• The UK will automatically remain in the EU.

• A Norway-style deal or a second referendum might be proposed.

• The EU will impose stricter conditions.

Why do Conservative MPs not trust Boris Johnson?

• He has never held a significant political position.

• He is seen as unreliable by his peers.

• He has a history of changing political parties.

• He lacks a strong following within the Conservative Party.

What is the expected impact on the British pound if the hard Brexit risk is eliminated?

• The pound will depreciate significantly.

• The pound will remain stable.

• The pound is expected to appreciate.

• The pound will lose its value completely.