May Said Weighing Brexit Concessions

The transcript discusses the challenges faced by Theresa May in passing her Brexit deal, including the concept of 'apartment lock' and the Irish backstop veto. It highlights the skepticism among UK ministers and the potential delay of the vote. RBS Chief Ross McEwan emphasizes the need for business certainty amidst Brexit negotiations. The market's reaction to Brexit uncertainty is explored, with assumptions that a no-deal Brexit is unlikely due to its potential economic disaster. The EU's possible extension of Article 50 is mentioned. The transcript concludes with a discussion on financial market volatility and the difficulty in trading the pound due to Brexit uncertainties.

What potential impact on the economy was discussed in relation to Brexit?

How are the markets reacting to the uncertainty surrounding Brexit according to the text?