Yates: EU's Single-Market 'Hugely Beneficial' to U.K.

The video discusses the benefits of EU regulation and the single market, highlighting how these outweigh some disappointments in creating a liberal business environment. It explores the potential impact of Brexit on austerity in the UK, referencing Professor Blanchflower's views on excessive austerity. The discussion also covers the economic implications of leaving the EU, including potential shocks to confidence and demand, and the strain on fiscal policy, with concerns about the government's response given their stance on austerity.

What is the general sentiment about the future of austerity if the United Kingdom remains within the EU?

What is the relationship between interest rates and the government's fiscal policy as discussed?