TransferWise CEO: Brexit Would Be Complete Disaster

TransferWise CEO: Brexit Would Be Complete Disaster

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential impact of Brexit on London's status as a global fintech hub, highlighting the benefits of being part of the EU, such as regulatory consistency and free movement of talent. It explores the risks to London's entrepreneurial appeal if the UK leaves the EU and considers the Leave campaign's arguments for creating a more tech-friendly environment. The discussion includes business contingency plans in response to Brexit uncertainty and the effects on currency markets, emphasizing increased activity and consumer impact.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences for London if the UK leaves the European Union?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the free movement of talent benefit London as a tech capital?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could London lose its status as a global finance capital if it is no longer part of Europe?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns raised by advocates of the Leave campaign regarding the tech industry?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How might businesses in London adapt if the UK decides to leave the EU?

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