Stewart: U.K. Economy Has Remained Resilient

The video discusses the economic confidence in the UK post-Brexit, highlighting the initial fears of a negative impact that were not realized. It explores how businesses have shown resilience, with growth exceeding expectations. However, despite increased optimism, risk appetite remains low, affecting spending and investment plans. The long-term uncertainties surrounding Brexit continue to dampen business confidence, although the short-term outlook is more positive.

What was the initial global economic reaction to Brexit in 2016?

• A significant increase in confidence

• An immediate economic boom

• A global weakening of confidence

• No change in economic confidence

How did the UK economy perform in 2016 compared to expectations before the Brexit referendum?

• It grew slower than expected

• It grew at the expected rate

• It grew faster than expected

• It experienced a recession

What is the relationship between business confidence and risk appetite post-Brexit?

• Neither confidence nor risk appetite has increased

• Risk appetite has increased more than confidence

• Confidence and risk appetite have increased equally

• Confidence has increased more than risk appetite

What percentage of CFOs currently believe it is a good time to take greater risks?

• 21%

• 50%

• 70%

• 90%

What is the main factor hindering spending plans despite a more optimistic short-term outlook?

• High interest rates

• Increased competition

• Long-term uncertainties around Brexit

• Lack of available capital