Sunak challenged over ‘spectacular own goal’ of VAT rule post-Brexit

The video discusses the challenges and impacts of the UK's exit from the EU on trade and economic growth. It highlights the removal of V-80 refunds for tourists, making the UK less attractive for shopping. The speaker urges reconsideration of this decision to boost growth. The government reassures businesses of its support, emphasizing a commitment to economic stability and progress.

What was one of the consequences of the UK leaving the single market?

• Increased tourism

• Removal of VAT refunds for tourists

• Higher trade tariffs

• Improved shopping destinations

What is the current effect of leaving the EU on trade, according to the transcript?

• It has improved trade relations

• It is a drag on growth

• It has no effect on trade

• It has boosted economic growth

What does the speaker suggest about the decision to remove VAT refunds?

• It is irreversible

• It had no impact

• It was a necessary decision

• It can be reversed

What is the overarching message the speaker wants to convey?

• The government is indifferent to business needs

• The government is focused on international relations

• The government supports both small and large businesses

• The government is reducing support for businesses

What does the speaker encourage regarding data and policy effectiveness?

• Relying solely on predictions

• Avoiding policy changes

• Ignoring data

• Reviewing data to ensure policies are effective