Turnill: London Brexit Headwinds Larger Than Rest of U.K.

Turnill: London Brexit Headwinds Larger Than Rest of U.K.

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the economic challenges faced by London and the UK post-Brexit, highlighting the financial sector's exposure. It notes global economic resilience, with growth in the US and Japan exceeding expectations. The UK's economic outlook is uncertain, with potential growth surprises due to low expectations. The customs union's impact on supply chains is explored, emphasizing the need for businesses to plan ahead. Investment decisions are influenced by Brexit uncertainty, with a focus on the persistent drag on growth as highlighted by the Bank of England.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the headwinds that London faces compared to the rest of the UK?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has global growth compared to consensus expectations in recent months?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the customs union for businesses involved in global supply chains?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors might lead businesses to delay decisions regarding their supply chains?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might rising inflation impact investment decisions in the UK?

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