Citigroup's Schulz: U.K.'s Brexit Hangover Is Yet to Come

The video discusses the economic risks and impacts of Brexit on the UK, focusing on the depreciation of sterling and its effects on consumers and the economy. Experts provide a nuanced analysis, highlighting the initial benefits for exporters due to weak sterling but warning of future challenges as inflation outpaces wage growth. The uncertainty surrounding Brexit negotiations and potential currency volatility are also explored, along with consumer spending trends and the role of the Bank of England in managing economic risks.

What are the potential risks associated with Brexit for the UK economy?

How has the depreciation of sterling affected UK exporters?

What are the implications of rising inflation on real incomes in the UK?

What factors contribute to the uncertainty surrounding Brexit negotiations?

In what ways might consumer behavior change in response to economic pressures post-Brexit?