U.K. Government Face Task of Dealing With Brexit Bill

The video discusses the impact of uncertainty on consumer and business confidence, particularly in the context of Brexit. It examines the effects of sterling's devaluation on the economy, noting the lack of significant export booms or inflation spikes. The UK government's struggle to formulate a clear Brexit plan is highlighted, with potential transitional arrangements being considered to ease the process. The persistent uncertainty and its implications for future economic stability are also explored.

What does the text suggest about the UK Government's understanding of Brexit?

What are the potential outcomes of a hard Brexit as discussed in the text?