U.K. GDP Rises 0.5% After Brexit Vote

The video discusses the divergence between market expectations and economists' predictions regarding rate cuts, highlighting the UK's economic growth despite Brexit. It emphasizes the dominance of the service sector in the UK and compares it with other economies. The discussion shifts to fiscal policies, suggesting that countries with fiscal space, like the eurozone and Japan, should increase spending. The video also touches on political implications, suggesting fiscal spending as a strategy to counter populist threats in the eurozone.

What are the implications of Brexit on the UK's negotiating power regarding services?

What fiscal measures are suggested for countries with fiscal space?