Sterling Doesn’t Like Idea of Far-Left Government, Foley Says

The video discusses the market's reaction to Theresa May's plan defeat, highlighting the unexpected rise in the pound. It explores the political implications, including the likelihood of May surviving a no-confidence vote and potential leadership changes. The discussion shifts to investor sentiment, noting that many remain cautious due to Brexit uncertainty. The video emphasizes the need for businesses to plan for a hard Brexit, as real investments are hindered by the lack of clarity. Investors are betting on a delay, but confirmation from politicians is needed for businesses to feel secure.

What was the market's reaction to Theresa May's defeat in the vote?

• The market was optimistic about a new deal.

• The market expected a quick resolution.

• The market anticipated a leadership change.

• The market was confused by the pound's rise.

Why is the support from the DUP significant for Theresa May?

• It ensures a majority in the general election.

• It prevents a far-left government from taking power.

• It guarantees a new Brexit deal.

• It leads to a leadership change in the Tory party.

What could have been a consequence if Theresa May had resigned?

• The pound would significantly drop.

• A leadership election in the Tory party might occur.

• A new Brexit deal would be immediately accepted.

• The DUP would withdraw their support.

What is a major concern for real businesses regarding Brexit?

• The uncertainty of a hard Brexit.

• The immediate increase in exports.

• The rise in foreign investments.

• The lack of new trade agreements.

What do investors need from politicians to feel more secure?

• A new trade agreement with the EU.

• A promise of tax reductions.

• A confirmation of a Brexit delay.

• A leadership change in the Tory party.