UBS' Baweja Says Brexit Isn't Going to Be Easy for U.K.

The transcript discusses the implications of Brexit on markets, focusing on the triggering of Article 50 and its expected timeline. It highlights economic data trends, such as declining retail sales and real wages, and predicts a weaker economic outlook for 2017 and 2018. The transcript also examines Theresa May's strategies to maintain confidence through trade relationships, while acknowledging the challenges posed by Brexit negotiations with the EU, emphasizing the EU's bargaining power and the complexity of future trade deals.

What is the significance of triggering Article 50 in relation to Brexit?

In what ways has economic data changed since the Brexit vote in 2016?

How might the political uncertainty surrounding Brexit affect private and consumer spending?

What role does Theresa May play in influencing business confidence during the Brexit negotiations?

What challenges does the UK face in negotiating trade deals post-Brexit?