Hammond: U.K. Economy More Robust Than Thought

Hammond: U.K. Economy More Robust Than Thought

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the impact of Brexit on the UK economy, highlighting that initial data showed resilience with stronger growth and employment than expected. However, economic forecasts suggest a slowdown as negotiations with the EU continue. Investment concerns are prominent, with businesses hesitant to make decisions amid uncertainty. The focus is on managing this uncertainty to support employment and consumer confidence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the reasons mentioned for the British economy's growth despite Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the media's focus on backward-looking data affect public perception of the UK economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding business investment in the UK?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is suggested as a key focus for managing uncertainty in the economy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential effects could postponed investment decisions have on employment and consumer confidence?

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