U.K.’s May: I Want Economy That Works for Everyone

The transcript discusses the UK's approach to immigration control post-Brexit, emphasizing the need for UK government decision-making. It highlights the impact of globalization and the importance of an inclusive economy. The UK plans to introduce a modern industrial strategy to ensure growth and prosperity. The discussion also covers national interest in foreign takeovers, focusing on critical infrastructure and security. The role of government in maintaining market confidence and ensuring fair play is emphasized to restore trust in business and globalization.

What was one of the main reasons people in the UK voted for Brexit?

• To increase trade with the EU

• To allow more foreign workers

• To strengthen ties with global elites

• To have UK government control over immigration

What is a key goal of the UK's modern industrial strategy?

• To focus solely on technology sectors

• To limit international trade

• To ensure economic growth benefits the entire country

• To reduce business growth in the UK

What is the UK government considering in terms of foreign takeovers?

• Focusing only on the technology sector

• Banning all foreign investments

• Implementing a national interest test for critical infrastructure

• Allowing all foreign investments without restrictions

Why does the UK government want to intervene in dysfunctional markets?

• To promote only large corporations

• To ensure everyone plays by the same rules

• To increase taxes on businesses

• To reduce the number of businesses

What concern does the UK government have regarding trust in business?

• Trust in business is irrelevant to economic growth

• Trust in business is eroding, especially among lower income groups

• Trust in business is at an all-time high

• Trust in business is only a concern for large corporations

How does the UK government view the relationship between free trade and market regulation?

• They focus solely on free trade

• They prioritize market regulation over free trade

• They believe both can coexist without contradiction

• They see a contradiction between the two

What is a potential outcome if the UK government does not address market dysfunction?

• More foreign investments

• Increased trust in globalization

• Erosion of trust in free markets

• Higher economic growth