Wood: A Whole Load of Bad News to Come for U.K. Economy

The transcript discusses the economic trends in the UK, focusing on the impact of Brexit and the uncertainty it brings. It highlights the potential challenges, such as inflation and its effect on real incomes and consumption. The discussion uses a Game of Thrones analogy to describe the economic slowdown, emphasizing the impact on UK consumers and the retail sector. It also addresses specific challenges faced by London, including passporting and immigration issues.

What was surprising about the economic growth data despite Brexit uncertainties?

• The data showed a massive increase.

• The data was not released.

• The data showed a significant decline.

• The data was unaffected by Brexit.

What is expected to happen to inflation as a result of sterling's fall?

• Inflation will not be affected.

• Inflation will increase sharply.

• Inflation will remain stable.

• Inflation will decrease.

What is the significance of business investment data in the coming months?

• It will have no impact on the economy.

• It will determine the current GDP.

• It will provide insights into future economic trends.

• It will only affect the stock market.

What analogy is used to describe the impending economic slowdown?

• A summer breeze.

• A sunny day.

• A storm is coming.

• Winter is coming.

What specific challenges does London face in the economic slowdown?

• Increased tourism.

• Issues with passporting and immigration concerns.

• Higher employment rates.

• More investment opportunities.