Schmieding: Pound at Risk From Brexit Negotiations

The video discusses the historical and current state of sterling's trade-weighted value, highlighting its decline since the Lehman crisis and the potential risks posed by Brexit negotiations. It explores whether currency fluctuations can influence political debates and the extent to which politicians are affected by market changes. The discussion also covers the government's approach to managing economic consequences and the challenges posed by EU negotiations.

In what ways does the speaker believe the government should respond to the value of sterling?

What challenges does the speaker foresee for the UK in 2017 regarding negotiations with the EU?