Brexit Key Issue in U.K. Tory Contest

The transcript discusses the ongoing leadership debates in the UK, focusing on Brexit. It categorizes candidates into 'dealers' and 'no dealers' and examines the potential market reactions, especially concerning the possibility of proroguing parliament. The discussion also touches on the economic implications of a no-deal Brexit, particularly its impact on the British pound and the broader economy.

What are the two main categories of candidates in the leadership debate regarding Brexit?

• Remain and Leave

• Dealers and No Dealers

• Pro-Brexit and Anti-Brexit

• Conservatives and Liberals

What controversial strategy is discussed as a means to achieve a no-deal Brexit?

• Negotiating with the EU

• Proroguing Parliament

• Forming a coalition government

• Holding a second referendum

How might the market react to discussions about proroguing Parliament?

• The market will be spooked

• The market will ignore it

• The market will remain stable

• The market will rally

What is considered the best barometer for the strength or weakness of sterling?

• Sterling against the pound

• Sterling against the yen

• Sterling against the euro

• Sterling against the dollar

What is the potential impact on the pound if a no-deal Brexit is priced in?

• The pound will strengthen

• The pound will remain stable

• The pound will weaken

• The pound will be unaffected