Carnell: Pound Goes 'Quite a Lot Lower' in Hard Brexit

The video discusses the complexities of Brexit negotiations, focusing on the challenges faced by Theresa May in balancing control over immigration and lawmaking with economic stability. It examines the potential impact on the British pound and the role of the Bank of England in managing growth and inflation. The discussion also explores the future of the UK economy, highlighting potential challenges and opportunities for reinvention.

What lessons does the speaker imply Theresa May could learn from David Cameron's negotiation skills?

In what ways does the speaker suggest the City of London might adapt to future challenges?