BCC's Adam Marshall on Brexit Talks, 2Q Growth

BCC's Adam Marshall on Brexit Talks, 2Q Growth

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of Brexit on businesses, highlighting concerns about political rhetoric and economic indicators. It explores the changing relationship between business and government post-election, emphasizing increased engagement. The complexities of Brexit, including the need for a transition period and technical challenges, are examined. Economic indicators show a subdued second quarter, with inflation pressures easing but growth appetite remaining low. The services sector lags behind manufacturing, and while exports benefit from lower sterling, input costs rise. Wage pressures are not as strong as expected despite labor shortages.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do businesses perceive the impact of lower sterling on their operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges faced by businesses in terms of wage pressures?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the single biggest constraint on growth for many businesses according to the text?

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