Pessimism Returns to Brexit Talks as Hopes for Deal Slip Away

The video discusses the ongoing Brexit negotiations, highlighting the lack of agreement and the economic implications for the UK. Liz Martin from HSBC emphasizes the importance of reaching a trade deal to avoid disruption. The discussion covers potential outcomes, including tariff-free trade, and the challenges of regulatory alignment. Economic forecasts predict a 10% drop in UK GDP this year, with a 6% recovery next year, but the UK is expected to underperform compared to European countries due to Brexit-related disruptions.

What factors are influencing the forecast for UK GDP in relation to Brexit?

What is the speaker's perspective on the impact of Brexit on business investment in the UK?