Interview with Bank of England Governor Mark Carney

The transcript discusses the importance of the upcoming deal for medium-term prosperity, highlighting the efforts of negotiators and governments to secure an agreement. It emphasizes the need for clarity and planning, especially for industries that may need to adjust their operations by March 2019. The first wave of adjustments is expected in financial services, with further changes in manufacturing and other services. Clarity on transition could boost investment in the UK.

What is considered the biggest determinant of medium-term prosperity according to the text?

What actions are negotiators and governments taking in relation to the agreement mentioned?

What challenges do companies and households face as they prepare for the upcoming changes?

What preparations are companies expected to make in 2018 regarding alternative suppliers?

How might clarity about the transition impact investment in the UK?