Britain After Brexit: What's Ahead for the U.K.

The video discusses the Brexit transition period, highlighting that immediate changes will be minimal, with free movement and no border changes until December 2020. The UK must negotiate a deal with the EU, balancing autonomy and market access. The uncertainty of reaching a deal by the end of 2020 is emphasized, with potential impacts on the financial sector. The possibility of a no-deal Brexit and reverting to WTO rules is considered. Additionally, the video touches on the need for the UK to negotiate new trade deals globally, including with the US.

During the Brexit transition period, which of the following will remain unchanged?

• Tariffs on goods

• UK's membership in the EU

• Financial regulations

• Cell phone roaming charges

What financial obligation does the UK have to fulfill as part of Brexit?

• Paying a £33 billion divorce settlement

• Increasing tariffs on EU goods

• Reducing immigration from the EU

• Implementing new border controls

What is a major challenge for the UK in negotiating with the EU?

• Maintaining autonomy while accessing the single market

• Increasing immigration from the EU

• Reducing tariffs on EU goods

• Strengthening the financial sector

What could happen if the UK fails to secure a deal with the EU by the end of 2020?

• The UK will revert to World Trade Organization rules

• The UK will form a new union with the US

• The UK will remain in the EU

• The UK will increase tariffs on EU goods

What is the next trade negotiation on the agenda for the UK after Brexit?

• A trade deal with the US

• A trade deal with Australia

• A trade deal with China

• A trade deal with Canada