Boris Johnson May Be a Positive Force, Says Berenberg’s Pickering

The transcript discusses the current status of the Brexit deal, highlighting that it is considered nearly dead, with slim chances of renegotiation on the Withdrawal Agreement. The risks of a hard Brexit are analyzed, with a 35% probability suggested due to political dynamics within the UK, including the rise of the Brexit Party. The potential impact of Boris Johnson as Prime Minister is explored, noting his pragmatic approach and the uncertainty surrounding his stance on Brexit. The discussion also touches on market implications and the importance of the Withdrawal Agreement in future trade negotiations.

What is the main obstacle in renegotiating the Brexit deal according to the first section?

• Future trade declarations

• The Withdrawal Agreement

• The UK's financial obligations

• The Irish backstop

What political change is affecting the Conservative Party's stance on Brexit?

• The rise of the Labour Party

• The decline of the Liberal Democrats

• The success of the Brexit Party

• The influence of the Green Party

What percentage chance of a hard Brexit is mentioned in the second section?

• 45%

• 35%

• 25%

• 55%

What is Boris Johnson's primary motivation according to the third section?

• Ideological commitment

• Public opinion

• Personal interest

• Party loyalty

What is the concern about Boris Johnson's approach to Brexit?

• He lacks support from his party

• He is too focused on trade deals

• He is unpredictable in his stance

• He might ignore the Withdrawal Agreement