BlackRock's Harrison Says BOE, Cabinet Relations Strained

The video discusses the complexities of Brexit negotiations, highlighting the strained relations and the role of Mark Carney, the Governor of the Bank of England. It delves into Carney's challenges in navigating the divisive Brexit debate and his focus on evidence-based comments. The discussion also covers the impact of Brexit on UK productivity and economic growth, emphasizing the shared challenges faced by the Bank of England and the UK Treasury, particularly concerning potential productivity downgrades and financial implications.

What has been a significant factor in the strained relations discussed in the video?

• Cultural differences

• Brexit negotiations

• Sports events

• The weather conditions

How has Mark Carney responded to the divisive debate on Brexit?

• By supporting all government decisions

• By resigning from his position

• By making his views clear

• By avoiding public statements

What is Mark Carney's strategy in dealing with criticism from parliament members?

• Ignoring the criticism

• Changing his stance frequently

• Avoiding all public appearances

• Focusing on evidence-based comments

What economic issue is linked to the Bank of England's decisions and the UK budget?

• High inflation rates

• Weak productivity growth

• Rising unemployment

• Increased foreign investments

What challenge does Philip Hammond face due to potential productivity downgrades?

• Increased public support

• Higher tax revenues

• A big hole in finances

• A surplus in the budget