Komileva, Todd on the Future of Brexit

The transcript discusses the UK Parliament's indecision on Brexit, highlighting that it does not favor a compromise deal, no deal, another election, or a second referendum. Prime Minister May is under pressure to present a Plan B, which may closely resemble Plan A, to appease her party and the DUP. The possibility of a second referendum or a Norway-style solution is considered. The Bank of England is monitoring the situation, as Brexit uncertainty impacts the economy and businesses.

What is the main challenge Prime Minister May faces in presenting a Plan B?

• Convincing the EU to accept a new deal

• Gaining support from the Tory hard Brexit backbenchers and the DUP

• Securing a majority for a second referendum

• Holding another general election

What is one potential outcome if Parliament's desires cannot be met?

• A new trade agreement with the US

• A Norway-style solution

• Immediate re-entry into the EU

• A complete halt to Brexit negotiations

What percentage of the population voted to leave the EU in 2016?

• 48%

• 52%

• 60%

• 55%

How is the Bank of England likely to be affected by the Brexit impasse?

• It will increase interest rates

• It will closely monitor developments and prepare for economic impacts

• It will stop all monetary policies

• It will focus solely on domestic issues

What is one of the economic consequences mentioned as a result of the Brexit uncertainty?

• Increased foreign investments in the UK

• Billions of pounds migrating to the EU

• A stronger British pound

• Higher employment rates