Risk of No-Deal Brexit Is at All-Time High, Says Aviva Investors

The video discusses the Brexit timeline, highlighting the UK's firm deadline and the EU's political agenda. It emphasizes the economic concerns due to the recession and the potential for a hard Brexit. The motivations for a hard Brexit are explored, especially in the context of the pandemic. The EU's position on Brexit is analyzed, noting the importance of the four freedoms and the need for compromise.

What is one reason the UK might push for a hard Brexit during the current economic climate?

• To improve relations with other countries

• To increase GDP growth

• To distract from the economic recession

• To strengthen ties with the EU

Why might the risks of a no-deal Brexit be higher now than before?

• The economic crisis provides a distraction

• The EU is more willing to compromise

• The UK has resolved all trade issues

• The UK has extended the deadline

What are the four freedoms integral to the European Union?

• Freedom to move people, capital, goods, and services

• Freedom of speech, press, assembly, and religion

• Freedom of business, investment, communication, and transport

• Freedom of trade, travel, education, and employment

How does the EU view the importance of the UK as a trading partner during the pandemic?

• Not important at all

• Less important due to internal concerns

• Equally important as before

• More important than ever

What might both the UK and EU need to do to reach a Brexit deal?

• Compromise on several issues

• Ignore the four freedoms

• Extend the Brexit deadline

• Focus solely on economic benefits