Blanchflower Says U.K. Government 'Totally Incompetent'

The transcript discusses the ongoing uncertainty surrounding Brexit, highlighting the repeated rejection of deals and the lack of a clear plan from the UK government. It examines the economic impact of this uncertainty, including negative industrial production and business investment trends. The discussion also touches on the potential for a second referendum and the challenges posed by the Irish border issue. Overall, the situation is characterized by a lack of direction and confidence in the government's ability to resolve the crisis.

What does the speaker suggest about the future of the UK economy in light of Brexit?

How does the speaker characterize the current state of the UK government?

What are the implications of the EU's offer for an extension regarding Brexit negotiations?