Post-Brexit Economic Challenges for U.K.'s Theresa May

The video discusses the impact of Brexit on the UK market, highlighting political and economic challenges. It covers the potential delay in triggering Article 50, the UK's current account deficit, and the risk of a sterling crisis. The market has priced in a recession, with international investors finding UK assets attractive due to the weakened sterling. The video also critiques the Bank of England's monetary policy, warning of rising inflation due to the falling sterling and the need for strategic economic planning.

In what ways does the speaker suggest that a weaker sterling could impact the UK economy?

What is the speaker's opinion on the Bank of England's monetary policy in light of the current economic situation?