Gilbert: Hammond Not Ready to Deliver Fiscal Stimulus

The video discusses the economic policies post-Brexit, focusing on austerity measures, fiscal spending, and infrastructure projects. It highlights the shift towards technological investments like 5G and broadband. The legal and political implications of Brexit, including the role of the High Court and Supreme Court, are also examined.

What is the main reason for the shift towards fiscal reset according to the transcript?

• Increased public demand for infrastructure

• Austerity measures being completely removed

• A need to base planning on facts rather than forecasts

• The OBR's optimistic growth forecast

What is a significant challenge mentioned in the transcript regarding infrastructure projects?

• Immediate economic acceleration

• Lack of public support

• Insufficient funding

• Considerable time lags

According to the transcript, what type of investments does Hammond emphasize for economic growth?

• Agricultural development

• Traditional manufacturing

• Technological innovations like 5G broadband

• Roads and bridges

What is the significance of the High Court appeal mentioned in the transcript?

• It tests the role of prerogative in making laws

• It is a routine legal procedure

• It will delay Brexit indefinitely

• It is expected to be ignored by the government

What is the expected outcome if a vote is put to Parliament regarding Article 50?

• The Commons will likely vote against triggering Article 50

• The Commons will likely vote to trigger Article 50

• The Lords will have the final say

• The decision will be postponed indefinitely