Owen, Chiavarone on Brexit and the Damage Done

The video discusses the weak business investment in the UK, focusing on foreign direct investment (FDI) trends, particularly in the service sector. It highlights the impact of Brexit uncertainty on investment flows and the UK's current account deficit. The role of the European Central Bank (ECB) and its quantitative easing measures are examined, along with their effects on UK markets. The video concludes with insights into the equity market's resilience and the unpredictability of Brexit's outcomes.

What factors are contributing to the weakness of business investment in the UK?

How has foreign direct investment (FDI) into the UK changed in recent years?

What role does the customs union play in the service sector according to the text?

What impact did the Brexit referendum have on foreign investment in the UK?

What are the potential consequences of a hard Brexit on the UK economy as discussed in the text?