S&P's Kraemer Sees Recession Risk Rising in U.K.

The video discusses the implications of the UK general election, focusing on the potential outcomes and their impact on policies, particularly regarding Brexit. It highlights the likelihood of a Conservative majority and the associated policy directions, including a hard Brexit. The discussion extends to the economic consequences of a hard Brexit, emphasizing the lack of precedent and the challenges in estimating its impact. The video also explores the rising recession risks in the UK, driven by changes in private consumption, investment activity, and government finances, and the importance of export performance in maintaining growth momentum.

In what ways has private consumption influenced the UK's economic growth last year?

What uncertainties regarding Brexit are mentioned that could impact investment activity?