CLEAN : London finance sector optimistic on Brexit transition

CLEAN : London finance sector optimistic on Brexit transition

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10th Grade - University

Hard

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The transcript discusses the City of London's optimism about reaching a transition agreement soon, with both the EU and UK sides seeing it as necessary. It argues that apocalyptic job loss scenarios in London due to Brexit are exaggerated, though some adjustments are expected. Brexit's impact is limited for some businesses in the City of London. The transcript also highlights the shrinking share of Europe in the global economy and population, suggesting that jobs leaving London might relocate to other global financial hubs like Singapore or New York.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the shrinking share of Europe in the global economy according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Where does the speaker believe jobs leaving London might relocate to?

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