UBS Says U.K. Will Get Close to Agreement on Brexit

The transcript discusses the UK's financial obligations to the EU, with Chancellor Philip Hammond indicating a potential increase in the financial offer to Brussels. The debate centers on the UK's position and the need for pragmatism. The discussion shifts to UK productivity, with concerns about lower forecasts affecting economic growth. The impact on the gilt market and deficit is also analyzed, with potential changes in unemployment assumptions. Finally, the importance of timely transition arrangements to prevent negative economic impacts is highlighted.

What amount is the UK government likely to add to its agreement with the European Union according to the Times newspaper?

What did Chancellor Philip Hammond say about the UK's position in negotiations with Brussels?

What is the significance of the upcoming budget in relation to UK productivity and economic growth?

What are some factors contributing to the weak productivity in the UK economy?

How might the UK use the post-Brexit situation as an opportunity according to the economist Dean Turner?