Hard Brexit Has 5-7% Negative Impact on GDP Over 15 Years, Stern Says

The video discusses the potential impacts of different Brexit scenarios, comparing Norway and Canadian models. It highlights the economic consequences of a hard Brexit, including GDP loss and trade reduction. The speaker emphasizes the importance of clear communication with UK regions outside London and critiques the 'trust us' approach. The UK's evolving Brexit position, particularly regarding the Irish border, is also examined.

What is the relationship between trade, investment, and the potential losses from a hard Brexit according to the speaker?

What does the speaker imply about the clarity of the UK's position on Brexit as of the latest developments?