What Theresa May's Survival of Confidence Vote Could Mean for the Pound

The transcript discusses the market's reaction to political events, particularly the confidence vote for May and its implications for Brexit. It explores the potential impacts of a no deal Brexit on the pound, highlighting economic and political uncertainties. The discussion also covers market volatility and how businesses are preparing for potential swings, with a focus on the high costs of managing exposure to sterling.

What factors are influencing the market's confidence in the vote discussed?

What are the potential consequences of a no deal Brexit as mentioned in the text?

How has the market's perception of a hard Brexit changed over the last few weeks?

What does the text suggest about the current volatility in the pound?

In what ways are businesses responding to the current Brexit situation according to the text?